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NAR’s $418 million commission lawsuits settlement

NAR Settles Anti-Trust Lawsuits for $418 Million, Potential Impact on Realtor Commissions and Home Prices The National Association of Realtors (NAR) recently agreed to settle a series of anti-trust lawsuits for a staggering $418 million. This landmark settlement is expected to have significant implications for realtor commissions and home prices across the nation. The lawsuits […]

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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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