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2. Illinois Department of Financial and Professional Regulation

   en.wikipedia.org/wiki/Illinois_Department_of...

   The Illinois Department of Financial and Professional Regulation (IDFPR) is the Illinois state government code department [1] [2] that through its operational components, the Division of Banking, Division of Financial Institutions, Division of Professional Regulation, and Division of Real Estate, oversees the regulation and licensure of banks and financial institutions, real estate businesses ...

3. Real estate commission rules are about to change. Here's how ...

   www.aol.com/news/real-estate-commission-rules...

   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 ...

4. Burnett v. National Association of Realtors - Wikipedia

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

   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.

5. Why are real estate commissions 6%? – and why that may be ...

   www.aol.com/why-real-estate-commissions-6...

   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 ...

6. Real estate license - Wikipedia

   en.wikipedia.org/wiki/Real_estate_license

   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 ...

7. The future of real estate commissions - AOL

   www.aol.com/finance/future-real-estate...

   Hire a discount agent: A low-commission real estate agent will likely charge much less than a traditional agent would — usually 1 to 1.5 percent of your home’s sale price. (However, you might ...

8. 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.

9. How do real estate agent fees and commissions work? - AOL

   www.aol.com/finance/real-estate-agent-fees...

   Real estate brokerages may get a cut of the commission as well. The brokerage RE/MAX, for example, has a split commission setup by which its agents receive 95 percent of the full commission from ...