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The National Association of Realtors announced last week that a new rule would ... Kilgore estimated that the number of agents could decrease as much as 50% as a result of the NAR settlement, with ...
But, to Cannon, the new rules established by the NAR settlement could potentially clear what felt like an intractable hurdle for him: the high cost of housing. Sales commissions, traditionally ...
A settlement from the National Association of Realtors is set to usher in the most sweeping reforms the U.S ... NAR already lost a big case ... The new rules “should lead to commissions falling ...
As part of the settlement, the NAR does not admit to any wrongdoing but will have to pay $418 million over approximately four years. The NAR is also agreeing to enact a new rule requiring Realtors ...
A settlement announced by the National Association of Realtors on Friday, which ended its litigation with some homesellers, is expected to fundamentally change the rules around how Americans buy ...
This month, the rules in residential real estate are changing. The National Association of Realtors said the changes included in a settlement to end antitrust legal claims officially take effect ...
The National Association of Realtors maintains rules that each MLS owned by a local association of Realtors is required to follow. In 1996, as part of its rules governing multiple listing services, NAR adopted a rule requiring Realtors to make "blanket unilateral offers of compensation" when listing homes for sale on an MLS. [7]
The NAR acknowledged the pending settlement in a statement Friday and denied any wrongdoing. "NAR has worked hard for years to resolve this litigation in a manner that benefits our members and ...