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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.
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 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.
For decades, if you wanted a real estate agent to help you buy or sell a home, the model was static. At the close of escrow, the seller typically used their proceeds to pay a 5% to 6% commission ...
Certificate of Conformity, Conformance or Compliance Certificate of Conformity; 2-phospho-L-lactate guanylyltransferase, an enzyme; CoFC may refer to: United States Court of Federal Claims; COFC may refer to: "Container on Flatcar", a form of intermodal freight transport with intermodal containers
Logo for the International Certification Accreditation Council (ICAC) The International Certification Accreditation Council (ICAC) is an alliance of organizations dedicated to assuring competency, professional management, and service to the public by encouraging and setting standards for licensing, certification, and credentialing programs.
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 ...
Certificate of Conformity, see type approval; Chain of command, following orders based on others' authority within the group. Chain of custody, the chronological record of a sample or evidence; Circle of confusion, the optical term for a blurred spot which is the image of an out-of-focus point source