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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.
How to apply for a settlement in the real estate commission lawsuit The only way to receive payment is by submitting a claim form by May 9, 2025. Forms can be submitted online at www ...
A landmark agreement would eliminate real estate brokers' automatic commissions of up to 6%, potentially saving home buyers and sellers thousands of dollars.
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 ...
It also serves as the state's department of motor vehicles, administering motor vehicle registration and licensing automobile drivers. [1] The department is led by the Secretary of State of Michigan, a constitutional executive officer elected on a partisan ballot every four years alongside gubernatorial elections.
Transferred from the LARA to the Michigan Department of Civil Rights were the Disability Concerns Commission, Division on Deaf and Hard of Hearing, Pacific American Affairs Commission, and Hispanic/Latino Commission. The independent Michigan Administrative Hearing System was also created within the department under the reorganization plan. [6]
A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
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