XML Financial Group Blog

National Association of Realtors Settles Lawsuit, Will Pay Homeowners

Written by XML Financial Group | Apr 17, 2024 2:00:00 PM

The National Association of Realtors and co-defendants, including Re/Max and other real estate companies, have agreed to settle multiple lawsuits across the United States. The settlement includes $1.8 billion in damages and a commitment to end a policy that prevented homeowners from negotiating commissions with buyer’s agents and consequently made home selling more expensive.

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