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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 ...
When a buyer's agent is able to view offers of compensation in advance, it is possible to discourage buyers from pursuing homes that would result in lower pay for the buyer's agent. This practice of encouraging guiding buyers toward homes with higher commission rates is known in real estate as steering. [8]
On Aug. 17, rules surrounding real estate commissions are set to change thanks to a legal settlement between the National Assn. of Realtors and home sellers. Proponents hope the new rules will ...
The lawsuit (and two others) could lead to a 30% reduction in the $100 billion that Americans pay each year in real-estate commissions, said Ryan Tomasello, a real-estate industry analyst with ...
The Supreme Court of Alabama has exclusive jurisdiction over all appeals where the amount in controversy exceeds $50,000, as well as appeals from the Alabama Public Service Commission. The chief justice is the administrative head of the state's judicial system. The Supreme Court may make rules governing administration, practice, and procedure ...
The jury found the NAR and some of the country's largest real estate brokerage firms entered into illegal agreements that cost home sellers in the state $1.79 billion in losses.
Bolivar, also known as Widows, is an unincorporated community in northern Jackson County, Alabama, United States. It is located on Alabama State Route 277, halfway between Bridgeport and Stevenson. It was originally called New Bolivar after many of the citizens of the old community of Bolivar, which was located near the current community of ...
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