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The $418 million deal announced last Friday would resolve litigation brought by home sellers accusing the trade group of setting unlawful agent commissions and indirectly inflating home prices.
Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits. ALEX VEIGA. April 26, 2024 at 2:09 PM. LOS ANGELES (AP) — A real estate company...
Changes may soon be on the horizon for real estate commission rates after a Kansas City jury determined – in a $1.8 billion judgement in October – that commissions had been inflated and...
Now, finally, they might be coming down. A federal lawsuit has forced changes to the way consumers negotiate and pay real estate agents. In October 2023, a federal jury in Missouri found that...
Shares of Zillow sank as much as 15% Friday alongside other real estate names after the National Association of Realtors reached a legal settlement that paves the way for homebuyers and sellers...
The jury ordered NAR and others to pay nearly $1.8 billion in damages to a class of more than 250,000 home sellers. Under antitrust law, that figure can be tripled to over $5 billion, at the court...
The New Hampshire Real Estate Commission is the body in charge of real estate licensing in the U.S. state of New Hampshire. The commission also investigates alleged ethics violations by real estate agents and brokers in the state, and punishes them if warranted.
A settlement announced by the National Association of Realtors on Friday, which ended its litigation with some homesellers, could fundamentally change how Americans buy and sell their homes....
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...
The lawsuit (and two others) could lead to a 30% reduction in the $100 billion that Americans pay each year in real-estate commissions, said Ryan Tomasello, a real-estate industry analyst with ...