Published 2 months ago

Richmond agents brace for effects of national Realtor group’s lawsuit settlement

Summary by Ground News

The National Association of Realtors announced Friday it had reached a $418 million settlement. The settlement includes an agreement by NAR to change its rules on how brokers are compensated. The change is expected to affect the traditional 6 percent commission that is typically paid by the home seller.

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Richmond agents brace for effects of national Realtor group’s lawsuit settlement

RICHMOND, Va. -- The apparent resolution of a yearslong legal battle thats rocked the U.S. residential real estate industry is expected to have impacts on agents in metro Richmond, though to what extent remains to be seen, local observers say.The National Association of Realtors announced Friday it had reached a $418 million settlement of claims brought by a group of home sellers in Missouri who argued that commissions for member agents had been…

2 months ago·Richmond, United States

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Richmond BizSense

Local agents brace for effects of national Realtor group's lawsuit settlement - Richmond BizSense

The apparent resolution of a yearslong legal battle that’s rocked the U.S. real estate industry is expected to have impacts on agents in metro Richmond, though to what extent remains to be seen, local observers say.

2 months ago·Richmond, United States

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Richmond agents brace for effects of national Realtor group’s lawsuit settlement

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Richmond agents brace for effects of national Realtor group’s lawsuit settlement

Richmond agents brace for effects of national Realtor group’s lawsuit settlement

Local agents brace for effects of national Realtor group's lawsuit settlement - Richmond BizSense

Local agents brace for effects of national Realtor group's lawsuit settlement - Richmond BizSense

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