The NAR Will Eliminate 6% Commission Standards and Pay $418 Million in Damages After Settling Lawsuit

[ad_1] In this article The National Association of Realtors (NAR) announced Friday that it finally reached a settlement with homeowner groups that had been embroiled in lawsuits with the association since 2019. The $418 million settlement effectively ends the current NAR broker commission model, which the homeowners’ claimants alleged forced them to pay excessive commission … Read more