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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 ...
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 ...
Last month, Keller Williams Realty, one of the nation’s largest real estate brokerages, agreed to pay $70 million and change some of of its agent guidelines to settle agent commission lawsuits.
Rhonda Burnett, the lead plaintiff, testified about her experience with a real estate agent from HomeServices of America subsidiary ReeceNichols. According to Burnett, the agent gave her a contract to sign with a commission rate of 6% already filled in, and she was told that the rate was non-negotiable. [12]
Re/Max agreed to pay $55 million, and Anywhere Real Estate, the Madison-based company that owns Coldwell Banker and Sotheby's International Realty, agreed to pay $83.5 million. And both said they ...
A landmark agreement would eliminate real estate brokers' automatic commissions of up to 6%, potentially saving home buyers and sellers thousands of dollars.
The Kansas Supreme Court is the highest judicial authority in the U.S. state of Kansas.Composed of seven justices, led by Chief Justice Marla Luckert, [1] the court supervises the legal profession, administers the judicial branch, and serves as the state court of last resort in the appeals process.
Hope is a city in southern Dickinson County, Kansas, United States. [1] As of the 2020 census, the population of the city was 317. [5] History.