#broker-commissions

#broker-commissions

The NAR's settlement introduces new rules that may complicate the real estate buying process while promoting transparency and negotiation in broker commissions.

Homebuyers in Illinois are suing real estate agencies for alleged anticompetitive practices that inflate broker commissions and harm consumers.

Defendants in the Gibson lawsuit deny allegations of antitrust violations and assert various defenses against claims involving real estate commission practices.

The Supreme Court may soon decide on the legal dispute between NAR and the DOJ regarding real estate commission practices.

Boston condo sellers must adapt to new commission payment structures after recent legal changes affecting real estate practices.

The traditional commission arrangement is shifting as sellers will directly negotiate their fees with listing agents.

The Justice Department pushed for changes in a Boston-based lawsuit over broker commissions to promote competition by eliminating offers to buyer brokers.

Boston condo buyers may have increased responsibility for negotiating costs with buyer brokers due to settlement terms not automatically assigning commission costs to sellers.