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The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers' long-standing commissions, commonly of up to 6% of the purchase price.
The $418 million deal announced last Friday would resolve litigation brought by home sellers accusing the trade group of setting unlawful agent commissions and indirectly inflating home prices ...
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 ...
Anywhere Real Estate, Inc. RE/MAX, LLC; Jurors found that all the defendants in the case "knowingly and voluntarily" engaged in a conspiracy with the goal of "raising, inflating, or stabilizing broker commission rates paid by home sellers" by following and enforcing NAR's cooperative compensation rule.
Lawsuit Subject of lawsuit Court of decision Year of decision Alperin v. Vatican Bank: conversion, unjust enrichment, restitution, the right to an accounting, human rights violations and violations of international law: U.S. Court of Appeals for the Ninth Circuit: In re American Realty Capital Properties, Inc. Litigation
The governor of the State of Hawaii is the head of government of Hawaii, [1] and commander-in-chief of the state's military forces. [2] The governor has a duty to enforce state laws; [2] the power to either approve or veto bills passed by the Hawaii Legislature; [3] the power to convene the legislature; [4] and the power to grant pardons, except in cases of treason and impeachment.
A powerful real estate trade group has agreed to do away with policies that for decades helped set agent commissions, moving to resolve lawsuits that claim the rules have forced people to pay ...
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 ...