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National Association of Realtors) is a class-action lawsuit challenging the fees charged by real estate agents in the United States. The case was filed against the National Association of Realtors and some of the largest brokerages in the country.
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 long tradition of home sellers footing the commissions of their buyers’ real estate agents may soon be a thing of the past. A recent multibillion-dollar class-action verdict in Missouri ...
The issue of real estate agent commissions found itself in the spotlight recently after a jury in Missouri found the National Association of Realtors, HomeServices of America and Keller Williams ...
An industry-shaking lawsuit has upended the way commissions are paid. ... a federal jury in Missouri found that the National Association of Realtors (NAR), along with several large brokerages ...
The settlement reached by the National Association of Realtors (NAR) over real estate agent commissions could end up hurting an already beleaguered group: homebuyers.. The $418 million deal ...
conspiracy among real estate agents to inflate fees paid by home sellers: United States District Court for the Western District of Missouri: 2023 Cobell v. Salazar: Indian trust assets: United States District Court for the District of Columbia: 2009 Collins v. United States: honorable discharge under "Don't ask, don't tell" United States Court ...
The verdict in that case, which was filed in 2019 on behalf of 500,000 home sellers in Missouri and elsewhere, led to multiple similar lawsuits being filed against the real estate brokerage industry.