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On Aug. 17, rules surrounding real estate commissions are set to change thanks to a legal settlement between the National Assn. of Realtors and home sellers. Proponents hope the new rules will ...
The settlement reached by the National Association of Realtors (NAR) over real estate agent commissions could end up hurting an already beleaguered group: homebuyers.. The $418 million deal ...
Hire a discount agent: A low-commission real estate agent will likely charge much less than a traditional agent would — usually 1 to 1.5 percent of your home’s sale price. (However, you might ...
How to apply for a settlement in the real estate commission lawsuit The only way to receive payment is by submitting a claim form by May 9, 2025. Forms can be submitted online at www ...
The new rules are likely to be fairer for home buyers and sellers who’ve been saddled with the most unaffordable housing market in a generation. But even after the $418 million settlement goes ...
Changes may soon be on the horizon for real estate commission ... A $500,000 home sale with a 6% commission means the seller pays their broker $30,000 upon settlement, which that agent splits with ...
August 16, 2024 at 12:34 AM. HOUSTON - As a result of a more than $400 million settlement, new regulations will change how people work with their realtor. Home buyers will now be required to sign ...
Updated March 15, 2024 at 4:20 PM. The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers' long-standing commissions, commonly of up to 6 ...