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Mar 20, 2024 · The $418 million settlement calls for the Chicago-based National Association of Realtors (NAR) to eliminate decades-old rules on commissions, and make it easier for buyers to negotiate fees...
Mar 16, 2024 · In a sweeping move expected to dramatically reduce the cost of buying and selling a home, the National Association of Realtors announced Friday a settlement with groups of homesellers,...
5 days ago · Will NAR raise dues or levy an assessment on members to fund the settlement? Get answers about NAR’s settlement, including key terms, who is covered, practice changes, and NAR operations.
Nov 6, 2023 · Real estate commissions are not going away following the $1.8 billion verdict on Tuesday in a federal jury trial brought by homesellers that found the National Association of Realtors and two...
Mar 15, 2024 · The agreement would resolve claims against NAR, over one million NAR members, all state/territorial and local REALTOR® associations, all association-owned MLSs, and all brokerages with an NAR member as principal that had a residential transaction volume in 2022 of $2 billion or below.
Mar 15, 2024 · A groundbreaking $418 million settlement announced Friday by the powerful National Association of Realtors is set to usher in the most sweeping reforms the American real estate market has...
Mar 15, 2024 · The lawsuits argued that N.A.R., and brokerages who required their agents to be members of N.A.R., had violated antitrust laws by mandating that the seller’s agent make an offer of payment to the...
Mar 22, 2024 · The proposed settlement: Resolves claims against NAR and nearly every member; all state, territorial and local REALTOR® associations; all association-owned MLSs; and all brokerages with an NAR member as principal whose residential transaction volume in 2022 was $2 billion or below.
Oct 31, 2023 · Oct. 31, 2023. A federal jury ruled on Tuesday that the powerful National Association of Realtors and several large brokerages had conspired to artificially inflate the commissions paid to...
Mar 27, 2024 · Six home sellers in Missouri successfully argued that the powerful real estate trade group’s rules on commissions forced them to pay inflated fees.
