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On March 15, 2024, the National Association of Realtors announced that it would settle the lawsuit rather than appeal. The group agreed to change how commissions are paid and to pay back $418 million over four years. [16] The judge presiding over the case granted preliminary approval to the settlement on April 23, 2024. [17]
A groundbreaking $418 million settlement announced Friday by the powerful National Association of Realtors is set to usher in the most sweeping reforms the American real estate market has seen in ...
The brokerages all settled out-of-court, and in March 2024, NAR settled as well, agreeing to pay $418 million in damages and change some of their longstanding rules. (Final court approval was ...
A powerful real estate trade group has agreed to do away with policies that for decades helped set agent commissions, moving to resolve lawsuits that claim the rules have forced people to pay ...
On Tuesday, November 26, 2024, a female passenger was found as a stowaway on Delta Air Lines Flight 264 from New York City's John F. Kennedy International Airport to Paris's Charles de Gaulle Airport. The passenger allegedly evaded multiple security checkpoints and boarded the plane without a boarding pass. [1]
Nonetheless, Show, Swander and others expect the NAR agreement, which must still be approved by the court, to change the home search process, especially for buyers.
MP3.com also accused the record companies of copyright misuse by filing a lawsuit for purposes of revenge, while its subscribers were simply engaged in space shifting – consuming their purchased media in different environments – which had been upheld by several Supreme Court precedents. [1]
The case, Burnett v. NAR et al, is the first of two antitrust lawsuits centered on NAR’s commissions policy to go to trial, and it could upend the structure of the entire real-estate industry ...