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A powerful real estate trade group has agreed to do away with policies that for decades helped set agent commissions, moving to resolve lawsuits that claim the rules have forced people to pay ...
The brokerages all settled out-of-court, and in March 2024, NAR settled as well, agreeing to pay $418 million in damages and change some of their longstanding rules. (Final court approval was ...
On March 15, 2024, the National Association of Realtors announced that it would settle the lawsuit rather than appeal. The group agreed to change how commissions are paid and to pay back $418 million over four years. [16] The judge presiding over the case granted preliminary approval to the settlement on April 23, 2024. [17]
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 DOJ was joined in filing the lawsuit by twenty-eight state attorneys general, as well as the attorney general for the District of Columbia. [a] [11] [12] The DOJ and states are pursuing a jury trial in the case. [3] On August 19, 2024, ten additional state attorneys-general joined the lawsuit, bringing the total number of co-plaintiffs to ...
A federal judge gave a green light to the National Association of Realtors’ settlement, paving the way for an overhaul of the way people buy and sell their homes in the United States.. On ...
Thompson v. Trump is an ongoing federal civil case filed in February 2021 on behalf of U. S. House of Representatives Bennie Thompson against former U.S. president Donald Trump.
Billionaire investor Warren Buffett weighed in on a class-action lawsuit filed against major U.S. real estate firms, which have been accused of violating antitrust laws.. In the suit – known as ...