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The jury found the NAR and some of the country's largest real estate brokerage firms entered into illegal agreements that cost home sellers in the state $1.79 billion in losses.
The National Association of Realtors (NAR) recently reached a landmark $418 million settlement that experts say could rattle the real estate industry for the better — but some vulnerable ...
A groundbreaking $418 million settlement announced Friday by the powerful National Association of Realtors is set to usher in the most sweeping reforms the American real estate market has seen in ...
The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers' long-standing commissions, commonly of up to 6% of the purchase price.
"Broker compensation has always been decided between a real estate firm and its client, and that practice is not changing, either at the national or local level," Hinton said in a March 19 news ...
The cases. The rumblings of this shakeup intensified on Oct. 31 when a unanimous eight-member jury concluded that since 2015, NAR and its broker co-defendants who belong to NAR’s professional ...
The National Association of Realtors (NAR) is an American trade association [4] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [5] making it the largest trade association in the United States [6] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
NAR et al, is the first of two antitrust lawsuits centered on NAR’s commissions policy to go to trial, and it could upend the structure of the entire real-estate industry, which the class of ...