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A landmark agreement would eliminate real estate brokers' automatic commissions of up to 6%, potentially saving home buyers and sellers thousands of dollars.
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.
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 ...
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 ...
The Real Estate Settlement Procedures Act (RESPA) was a law passed by the United States Congress in 1974 and codified as Title 12, Chapter 27 of the United States Code, 12 U.S.C. §§ 2601–2617.
This is a list of unincorporated communities in the Commonwealth of Virginia that are not incorporated as independent cities or towns as of 2005. Bolded places are census-designated places ; there are 362 of them as of the 2010 United States Census .
On Aug. 17, the rules governing real estate agent commissions are changing. Some experts say the shift should eventually reduce costs for consumers. Real estate agent commission rules change Saturday.
Ladysmith is an unincorporated community in Caroline County, in the U.S. state of Virginia. It is located along US 1 and SR 639 (former SR 229), northwest of Ruther Glen and 1 mile (1.6 km) west of I-95 exit 110. The community contains attractions such as the Pendleton Golf Club, which is addressed as being in Ruther Glen. [2]