Redfin CEO reacts to NAR’s $418 million commission lawsuits settlement
THAT COULD RESULT IN COMMISSIONS DROPPING DRAMATICALLY. IS 6% OUT OF HERE, DI? >> IT MAY BE. THE NATIONAL ASSOCIATION OF REALTORS AGREED TO PAY $418 MILLION IN DAMAGES TO SETTLE ANTI-TRUST LAWSUITS OVER BROKER COMMISSIONS. THAT WILL GO FIRST TO PAY THE PLAINTIFF LAWYER FEES AND THEN THE CLASS. THE SETTLEMENT MAKES CLEAR THAT […]
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