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The settlement reached by the National Association of Realtors (NAR) over real estate agent commissions could end up hurting an already beleaguered group: homebuyers.. The $418 million deal ...
On Aug. 17, rules surrounding real estate commissions are set to change thanks to a legal settlement between the National Assn. of Realtors and home sellers. Proponents hope the new rules will ...
Ken H. Johnson, a real estate economist at Florida Atlantic University and a former real estate broker, says the new rules just add another layer of complexity to an already-confusing process.
A federal lawsuit has forced changes to the way consumers negotiate and pay real estate agents. ... based on a 2.5 percent commission and a $400,000 sale price. For now, buyers aren’t allowed to ...
Chika Sunquist was appointed Commissioner of the California Department of Real Estate (DRE) by Governor Gavin Newsom on November 28, 2023, and she assumed office on January 3, 2024. [5] Real estate licensing is subject to both the Real Estate Law and the Regulations of the Commissioner, which have the force and effect of law.
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
Nipomo (/ n ə ˈ p oʊ m oʊ /; Chumash: Nipumuʔ) [4] is an unincorporated town in San Luis Obispo County, California, United States. The population was 16,714 for the 2010 census [5] and grew to 18,176 for the 2020 census. [6] For statistical purposes, the United States Census Bureau has defined Nipomo as a census-designated place (CDP).
A change to the real estate commission structure is shaking the industry — and homebuilders and consumers appear to be the winners. This week, Compass agreed to pay $57.5 million to settle ...