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The US Department of Justice threw even more doubt into a new way of paying for real estate brokers this week, raising concerns about a recent wide-ranging legal settlement.
An industry-shaking lawsuit has upended the way commissions are paid. ... The brokerages all settled out-of-court, and in March 2024, NAR settled as well, agreeing to pay $418 million in damages ...
NAR, which boasts 1.5 million members, has agreed to pay $418 million in damages to settle a wide range of lawsuits in courts across the nation, including the shocking $1.8 billion verdict awarded ...
The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
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 ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 24 December 2024. American nonprofit organization For other uses, see National Rifle Association (disambiguation). National Rifle Association of America Headquarters in Fair Oaks, Virginia Founded November 17, 1871 ; 153 years ago (1871-11-17) Founder William Conant Church George Wood Wingate Founded at ...
The 2024 UEC European Track Championships (under-23 & junior) were the 24th continental championships for European under-23 and junior track cyclists, and the 14th since the event was renamed following the reorganisation of European track cycling in 2010. The event took place at the Lausitz Velodrome in Cottbus, Germany from 9 to 14 July 2024. [1]
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