Category: Listings
Impacts of real estate listing settlement on agent commissions remain to be seen – North Bay Business Journal
The residential real estate industry is bracing for potentially significant changes in how agents are compensated, stemming from a recent major legal settlement. While the impact remains to be seen, brokers and agents will need to adjust their practices to align with new transparency requirements around commissions and buyer relationships. A $418 million lawsuit settlement was announced March 15 between the National Association of Realtors and plaintiffs in multiple seller class-action cases across the country. The lawsuit argued that rules governing homes listed for sale on the real estate trade…
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Impacts of real estate listing settlement on agent commissions remain to be seen – The Santa Rosa Press Democrat
The residential real estate industry is bracing for potentially significant changes in how agents are compensated, stemming from a recent major legal settlement. While the impact remains to be seen, brokers and agents will need to adjust their practices to align with new transparency requirements around commissions and buyer relationships. A $418 million lawsuit settlement was announced March 15 between the National Association of Realtors and plaintiffs in multiple seller class-action cases across the country. The lawsuit argued that rules governing homes listed for sale on the real estate trade…
Read More