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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 office is tasked with valuing and assessing all real and personal property in the county. In Missouri, real property is assessed every other year in odd-numbered years, such as 2021 and 2023.
Franklin County is located in the U.S. state of Missouri.At the 2020 census, the population was 104,682. [1] Its county seat is Union. [2] The county was organized in 1818 and is named after Founding Father Benjamin Franklin.
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 ...
As of the census [9] of 2010, there were 323 people, 142 households, and 91 families living in the city. The population density was 621.2 inhabitants per square mile (239.8/km 2).
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 ...
RE/MAX was founded in January 1973 by Dave Liniger and Gail Main (who later married Liniger and became Gail Liniger) in Denver, Colorado. [5] [6] [7]The company was established with a maximum commission concept, meaning that agents would keep nearly all of their commissions and pay their broker a share of the office expenses, rather than paying their broker a share of the commission of each ...