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The National Association of Realtors (NAR) agreed to new rules around real estate commissions as part of a lawsuit settlement in March. As of August 17, they’re actually rolling out — and ...
In central Ohio, the commission is often 3% of the sales price to each. A seller, for example, would pay a total of $18,000 ($9,000 to agents on each side) on the sale of a $300,000 home.
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 changes, which are part of a $418 million settlement announced in March by the powerful trade group the National Association of Realtors, eliminate informal rules that propped up the industry ...
The rule changes, which are set to go into effect in mid-July, represent a major change to the way real estate agents have operated going back to the 1990s, and could lead to homebuyers and ...
Eighty-six of Ohio's 88 counties (all except Summit as of 1981 and Cuyahoga as of 2011) have the following elected officials as provided by statute: . Three county commissioners (the Board of Commissioners): Control budget; oversee planning and approve zoning regulations where county rural zoning is implemented; approve annexations to cities and villages; set overall policy; oversee ...
MORPC was founded in 1943, as the Franklin County Planning Commission to address issues related to growth in the region. [2] It gradually grew to encompass multiple counties. [ 3 ] The organization became the Mid-Ohio Regional Planning Commission (MORPC) in 1969.
A landmark agreement would eliminate real estate brokers' automatic commissions of up to 6%, potentially saving home buyers and sellers thousands of dollars.