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

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

    If the $418 million legal agreement is approved by a federal court, consumer advocates predict the ranks of real estate agents will thin, further driving down commission prices.

  3. Consumer advocates and realtors hail NAR settlement ... - AOL

    www.aol.com/news/consumer-advocates-realtors...

    Many experts, including other real estate professionals, agree that the settlement will effectively thin the ranks of fly-by-night agents who served as an intermediary — a phenomenon that surged ...

  4. The future of real estate commissions - AOL

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

    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 ...

  5. 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]

  6. Real estate agents and brokers - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agents

    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 ...

  7. Buying or selling a house? What the new real estate broker ...

    www.aol.com/news/buying-selling-house-real...

    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 ...

  8. National Association of Real Estate Brokers - Wikipedia

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

    The National Association of Real Estate Brokers (NAREB) is a real estate trade organisation that was established on July 29, 1947. NAREB was created by African-American real estate professionals as an alternative space for African-Americans who were racially and specifically excluded from the National Association of Realtors .

  9. Roughly $30 billion could be slashed from real estate agents ...

    www.aol.com/finance/roughly-30-billion-could...

    Roughly $30 billion could be slashed from real estate agents’ commissions: Fed economists pose solution to the ‘anomaly’ in the American housing market Will Daniel March 6, 2024 at 5:36 PM

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