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October 16, 2023 () Decided: October 31, 2023; 15 months ago () Docket nos. 4:19-cv-00332: Verdict: All defendants were found liable for damages caused by engaging in a price-fixing conspiracy that required home sellers to pay more for real estate brokerage services. Court membership; Judge sitting: Stephen R. Bough: Laws applied
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
Realtor.com is operated by the real estate network Move, Inc., [2] which is owned by News Corp. [3] Ryan O'Hara served as chief executive officer (CEO) of both realtor.com and Move until June 18, 2019. [4] Following the announcement of O'Hara's departure, News Corp's President of Global Digital Real Estate Tracey Fellows was named acting CEO in ...
A landmark agreement would eliminate real estate brokers' automatic commissions of up to 6%, potentially saving home buyers and sellers thousands of dollars.
On the other hand, real estate sales is a relatively easy business to get into, as evidenced by NAR’s membership rolls of more than 1.5 million agents. To earn a real estate license, an agent ...
(Reuters) -A U.S. jury on Tuesday found the National Association of Realtors and some residential brokerages, including units of Warren Buffett's Berkshire Hathaway, liable to pay $1.78 billion in ...
Real estate in itself has been measured as a contributing factor to the rise in green house gases. According to the International Energy Agency, real estate in 2019 was responsible for 39 percent of total emissions worldwide and 11 percent of those emissions were due to the manufacturing of materials used in buildings. [18]
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 ...