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The jury ordered NAR and others to pay nearly $1.8 billion in damages to a class of more than 250,000 home sellers. ... “Today’s decision means that buyers will face even more obstacles in an ...
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. ... This decision has made it ...
In October, a federal jury found the NAR and some major brokerages liable for colluding to inflate commission fees, ordering the trade group to pay a historic $1.78 billion in damages.
The National Association of Realtors (NAR) is an American trade association [4] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [5] making it the largest trade association in the United States [6] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
The process of buying a home has seemingly never been simpler: Find a property on a listings website like Zillow, Redfin or Trulia; reach out to the listing agent; tour the property; and make an ...
Good News Club v. Milford Central School: 533 U.S. 98 (2001) free speech, establishment clause Saucier v. Katz: 533 U.S. 194 (2001) qualified immunity of a police officer to a civil rights case brought through a Bivens action: United States v. Mead Corp. 533 U.S. 218 (2001) Court declines to extend Chevron doctrine to U.S. Customs Service decisions
In 1980, the Wisconsin Department of Revenue (WDR) decided that the in-state activities of the Wm. Wrigley Jr. Company in selling and supplying retailers with chewing gum exceeded limits defined by Congress in 1961 that exempted foreign corporations from franchise and income taxes in a state as long as their activities were limited to soliciting customers.
Real estate's power players are engaged in a bitter standoff over who exactly gets to see the millions of homes listed for sale in the US each year. Realtors are fighting over hidden listings.