Real Estate Lawsuit Settlement Turns the Table on Agents’ Commission Policies

The National Association of Realtors (NAR), in a game-changing settlement, has agreed to modify its longstanding policies that have guided the determination of real estate agent commissions. This action is the consequence of a series of lawsuits citing that such policies unfairly coerced homeowners to pay higher commissions when disposing of their properties. This announced settlement comes with NAR agreeing to not only pay $418 million but also amend its regulations to address the issues raised by the lawsuit. The complex implications of this settlement are profound and potentially market-shifting, with an observed end of a long-standing tradition that has…

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