The deal, which lawyers anticipate will be filed within weeks and still needs a federal court's approval, would end a multitude of legal claims from home sellers who argued that the rules forced them to pay excessive fees.
This will blow up the market and would force a new business model, said Norm Miller, a professor emeritus of real estate at the University of San Diego.
#real-estate-industry #national-association-of-realtors #housing-market #sales-commission #legal-settlement
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