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NAR Lawsuit, real estate lawsuit 2
The National Association of Realtors (NAR) recently reached a $418 million settlement in a lawsuit that challenges long-standing broker commission practices. This landmark case centered on NAR's policy requiring listing agents to offer compensation to buyer's agents in MLS transactions. The settlement includes significant changes, such as removing mandatory commission sharing, which may lead to a more competitive and negotiable market for agent fees. These changes are expected to disrupt traditional commission models and reshape the real estate industry moving forward(
The Real Deal
)(
The Real Deal
).
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James Bigley
#nar #jamesbigleyranches #realestate #realtors #realestatelawsuits #attorneys #unitedstatesofamerica #agents #homebuyer
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