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In the United States, most homes [1] are bought and sold using real estate agents affiliated with the National Association of Realtors (NAR), an industry lobbying group with over 1.5 million individual members. [2] NAR permits only its members to call themselves Realtors.
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 ...
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 ...
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.
Maison de L'Amitié (House of Friendship) was a French Regency-style estate in Palm Beach, Florida, United States. The plot area was about 270,000 square feet (25,000 m 2) and bordered a length of 492 feet (150 m) on the Atlantic Ocean. It was one of the largest and most expensive homes in the United States.
In his early life, 1976–2003, he was Vice President of the Steele Company out of Indialantic, Florida. Steele has been an expert witness and has been retained for legal opinion on real estate cases in the state of Florida. He was also appointed by Governor Bob Martinez to be a Florida Real Estate Commissioner for 8 years from 1988-1996. He ...
Changes may soon be on the horizon for real estate commission rates after a Kansas City jury determined – in a $1.8 billion judgement in October – that commissions had been inflated and that ...
The residential condominium building, Champlain Towers South, was located at 8777 Collins Avenue (Florida State Road A1A) in the town of Surfside, just north of Miami Beach, Florida. [18] Champlain Towers South (completed in 1981) was part of a three-building complex along with Champlain Towers North (completed in 1982), and Champlain Towers ...