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The Impact of the NAR Lawsuit Settlement on Real Estate Agents and Brokerages

August 21, 2024by blog_spiralnyNo Comments

The recent settlement of the lawsuit against the National Association of Realtors (NAR) is set to reshape the real estate industry, with significant effects on agents and brokerages. The case challenged traditional commission structures, particularly the practice of requiring sellers to pay both their own agent’s commission and the buyer’s agent’s commission. The settlement mandates greater transparency and eliminates mandatory commission sharing, forcing a reevaluation of how services are priced and delivered.

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