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  2. How the recent Realtor settlement could change the way ...

    www.aol.com/recent-settlement-paying-commission...

    Another change is requirements that brokers subscribe to multiple listing services — many of which are owned by NAR subsidiaries. A separate new rule will require buyers’ brokers to enter into ...

  3. Burnett v. National Association of Realtors - Wikipedia

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

    In 1996, as part of its rules governing multiple listing services, NAR adopted a rule requiring Realtors to make "blanket unilateral offers of compensation" when listing homes for sale on an MLS. [7] These offers of compensation were required to be "a percentage of the gross selling price or as a definite dollar amount" and were to be paid by ...

  4. Are you a homebuyer or seller affected by the upcoming NAR ...

    www.aol.com/homebuyer-seller-affected-upcoming...

    This month, the rules in residential real estate are changing. The National Association of Realtors said the changes included in a settlement to end antitrust legal claims officially take effect ...

  5. What the National Association of Realtors' settlement means ...

    www.aol.com/news/national-association-realtors...

    For decades, the NAR has required home sale listing brokers to provide an offer of compensation to a buyer’s agent up front. That usually comes out to about 6%, split between a seller’s broker ...

  6. How the NAR legal settlement could impact local realtors ...

    www.aol.com/nar-legal-settlement-could-impact...

    Kilgore estimated that the number of agents could decrease as much as 50% as a result of the NAR settlement, with the remaining agents likely to be "more professional, more efficient agents."

  7. Realtor lawsuit settlement unburdens home sellers from ... - AOL

    www.aol.com/finance/realtor-lawsuit-settlement...

    The settlement reached by the National Association of Realtors (NAR) over real estate agent commissions could end up hurting an already beleaguered group: homebuyers.. The $418 million deal ...

  8. Court settlement could end standard 6% real estate agent ...

    www.aol.com/court-settlement-could-end-standard...

    As part of the settlement, the NAR is changing its policies involving commissions, which could eliminate the standard 5%-6% fee typically tacked onto a housing transaction. That fee is generally ...

  9. 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.