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  2. Real estate agent commission rules change Saturday. Here's ...

    www.aol.com/news/real-estate-agent-commission...

    On Aug. 17, the rules governing real estate agent commissions are changing. Some experts say the shift should eventually reduce costs for consumers.

  3. How the recent Realtor settlement could change the way ...

    www.aol.com/recent-settlement-paying-commission...

    A recent study by the Federal Reserve Bank of Richmond found that using a cost-based commission model – in which buyers’ agents earn money only per house showing and not from a percentage of ...

  4. Real estate lawsuit settlement upends decades-long policies ...

    www.aol.com/news/national-association-realtors...

    A powerful real estate trade group has agreed to do away with policies that for decades helped set agent commissions, moving to resolve lawsuits that claim the rules have forced people to pay ...

  5. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...

  6. Real estate commission rules are about to change. Here's how ...

    www.aol.com/news/real-estate-commission-rules...

    For decades, if you wanted a real estate agent to help you buy or sell a home, the model was static. At the close of escrow, the seller typically used their proceeds to pay a 5% to 6% commission ...

  7. Ohio Department of Commerce - Wikipedia

    en.wikipedia.org/wiki/Ohio_Department_of_Commerce

    The Ohio Department of Commerce is the administrative department of the Ohio state government [1] responsible for regulating banks and savings institutions, credit unions, mortgage brokers/lenders and consumer finance businesses; securities professionals and products; real estate professionals and cable television; and the building industry; and also collects and holds unclaimed funds. [2]

  8. Burnett v. National Association of Realtors - Wikipedia

    en.wikipedia.org/wiki/Burnett_v._National...

    Anywhere Real Estate, Inc. RE/MAX, LLC; Jurors found that all the defendants in the case "knowingly and voluntarily" engaged in a conspiracy with the goal of "raising, inflating, or stabilizing broker commission rates paid by home sellers" by following and enforcing NAR's cooperative compensation rule.

  9. What new Realtor ruling means for Columbus home buyers, sellers

    www.aol.com/realtor-ruling-means-columbus-home...

    In central Ohio, the commission is often 3% of the sales price to each. A seller, for example, would pay a total of $18,000 ($9,000 to agents on each side) on the sale of a $300,000 home.

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