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The structure has kept average commissions near 5%, even though technology has made the home-buying process more efficient and the number of real estate agents has climbed, making competition more ...
“The idea is less commission means people will be willing to take less on their homes,” Gernelle Bokuniewicz, a Realtor and founder of Lively Real Estate in Volusia County, Fla., told Yahoo ...
In the United States, most homes [1] are bought and sold using real estate agents affiliated with the National Association of Realtors (NAR), an industry lobbying group with over 1.5 million individual members. [2] NAR permits only its members to call themselves Realtors.
A landmark agreement would eliminate real estate brokers' automatic commissions of up to 6%, potentially saving home buyers and sellers thousands of dollars.
For homes sold in Iowa, to be eligible for a settlement you must have: Sold a home between Feb. 1, 2020, and Feb. 1, 2024, for the Anywhere and Re/Max settlements or Oct. 31, 2019, and Feb. 1 ...
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James D. McGinnis (January 11, 1932 – February 24, 2009) was an American real estate agent and politician from Dover in Kent County, Delaware. He was a member of the Democratic Party , and served as 19th Lieutenant Governor of Delaware .
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 ...