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  2. Burnett v. National Association of Realtors - Wikipedia

    en.wikipedia.org/wiki/Burnett_v._National...

    On March 15, 2024, the National Association of Realtors announced that it would settle the lawsuit rather than appeal. The group agreed to change how commissions are paid and to pay back $418 million over four years. [16] The judge presiding over the case granted preliminary approval to the settlement on April 23, 2024. [17]

  3. What the National Association of Realtors' settlement means ...

    www.aol.com/news/national-association-realtors...

    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 ...

  4. Will the Realtor commission settlement make it harder for ...

    www.aol.com/finance/realtor-commission...

    The National Association of Realtors (NAR) recently reached a landmark $418 million settlement that experts say could rattle the real estate industry for the better — but some vulnerable ...

  5. Real estate lawsuit settlement upends decades-long policies ...

    www.aol.com/news/national-association-realtors...

    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 ...

  6. National Association of Realtors - Wikipedia

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

    The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.

  7. Realtor lawsuit settlement unburdens home sellers from heavy ...

    www.aol.com/finance/realtor-lawsuit-settlement...

    The settlement reached by the National Association of Realtors (NAR) over real estate agent commissions could end up hurting an already beleaguered group: homebuyers.. The $418 million deal ...

  8. Multiple listing service - Wikipedia

    en.wikipedia.org/wiki/Multiple_listing_service

    A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.

  9. 'This will blow up the market': The 6% commission on buying ...

    www.aol.com/finance/blow-market-6-commission...

    The National Association of Realtors (NAR) is set to cough up $418 million in damages and eliminate commission rules in a landmark deal experts say will significantly shake up the real estate ...