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  2. Burnett v. National Association of Realtors - Wikipedia

    en.wikipedia.org/wiki/Burnett_v._National...

    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]

  3. Home buyers to be spared broker commissions up to 6% ... - AOL

    www.aol.com/news/home-buyers-spared-automatic...

    A landmark agreement would eliminate real estate brokers' automatic commissions of up to 6%, potentially saving home buyers and sellers thousands of dollars.

  4. Berkshire Hathaway's real estate firm to pay $250 million to ...

    www.aol.com/news/berkshire-hathaways-real-estate...

    A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages ...

  5. Opinion: The 6% real estate commission is doomed - AOL

    www.aol.com/news/opinion-6-real-estate...

    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.

  6. Flat-fee MLS - Wikipedia

    en.wikipedia.org/wiki/Flat-fee_MLS

    While the DOJ and FTC monitor and challenge real estate laws or changes to law perceived as anti-competitive in all States, this Press Release from April 2005 is an example of their effort: "The Department of Justice and the Federal Trade Commission (FTC) issued a joint letter urging the state-created Texas Real Estate Commission to reject a ...

  7. National Association of Realtors - Wikipedia

    en.wikipedia.org/wiki/National_Association_of...

    The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.

  8. The future of real estate commissions - AOL

    www.aol.com/finance/future-real-estate...

    Hire a discount agent: A low-commission real estate agent will likely charge much less than a traditional agent would — usually 1 to 1.5 percent of your home’s sale price. (However, you might ...

  9. Texas Real Estate Commission - Wikipedia

    en.wikipedia.org/wiki/Texas_Real_Estate_Commission

    The Texas Real Estate Commission (TREC) is the state agency that governs real estate practices in the state of Texas. The agency is headquartered at 1700 North Congress in Austin. [1] TREC is composed of nine members appointed by the Governor with the concurrence of the Texas Senate. The members are appointed for six-year terms, with the terms ...

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