Side, other brokerages settle new copycat commission lawsuitThe lawsuit settled rapidly, totaling $10.57 million, highlighting ongoing issues with real estate commission practices.
Plaintiff seeks to add 31 names to Lutz commission lawsuitThe Lutz lawsuit aims to strengthen its case by adding 31 new plaintiffs to address arguments on representation and legal standing.
New objection to NAR settlement targets business practice changes, plaintiffs' attorneys feesNAR's settlement is criticized for insufficient consumer protection and failure to address inflated commission issues, according to Professor Tanya Monestier.
Are Boston Condo Agent Commission's At Risk? Boston Condos For Sale Ford RealtyBoston condo agent commissions are being affected by new MLS rules allowing listings at lower rates.
ANALYSIS | A settlement in a U.S. lawsuit could upend the cornerstone of real estate industry: commissions | CBC NewsReal estate trade group in the U.S. agreed to drop the six per cent sales commission paid to agents.Lawsuits in Canada aim to force changes in the way Realtors charge fees alleging illegal price-setting and fee conspiracy.
Could First-Time Buyers Lose Out Under New Commission Rules?First-time home buyers may bear the burden of paying real estate agents directly.Decoupling commissions could impact moderate- and middle-income home buyers, particularly Black and Latino buyers.
Real estate commissions, brokerage models, and the consumer - HousingWireThe article challenges the notion of a standard commission rate in real estate brokerages and highlights the diversity in business models within the industry.