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The South Carolina plaintiffs are seeking class-action status on behalf of all home sellers in the state who since November 2019 used a listing broker affiliated with Keller Williams that listed ...
Keller Williams Realty, Inc. 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.
Keller Williams Realty franchise signing in South Africa in 2012. By the end of the decade in 2010, Keller Williams had 77,672 real estate agents in the United States. It surpassed Century 21 as the second largest real estate agency in the U.S., two years after taking over the third spot from RE/MAX International. [14]
Open Agency: A seller can enter into an agreement to sell their property with more than one brokerage in open agency listings. The seller must pay a commission only to the brokerage which brings the buyer for the real estate. Typically, if the seller finds the buyer him/herself, the seller does not have to pay a commission. [1] [3]
Building contingencies into the contract: Most real estate contracts have contingencies that give sellers cause to back out. For instance, the seller may say they will only sell their property if ...
The verdict has the potential to rewrite the entire structure of the real estate industry, and ultimately change how Americans purchase homes. NAR CEO steps down after group found liable for ...
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