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March 15, 2024 at 2:34 PM 'This will blow up the market': The 6% commission on buying, selling a home in America is dead as NAR reaches deal — 1 analyst says over 50% of country's 1.6M agents ...
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.
The verdict in the NAR lawsuit has made it likely the real estate industry won’t be able to charge 5%-6% commission rates across the board, writes Stephen Brobeck.
The case, Burnett v. 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 ...
Public sharing consists of a user getting a public link, which allows anyone with the link to download the file. Public links are always read only. MediaFire also supports sharing with one-time links, which are only valid for a single use. [15] In 2013, MediaFire added support for both audio and video streaming through its online file viewer. [16]
Jamieson Lee Greer (born 1979/1980) [1] is an American attorney and veteran who is the presumptive nominee for United States trade representative in the second Trump administration. A Republican, he previously served in the first Trump administration as Chief of Staff to the United States trade representative from 2017 to 2020 and is currently ...
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The plaintiffs’ main beef: An NAR rule that requires sellers to agree to pay a commission to both the buyer’s and seller’s agents before their home can be listed on a database called the ...