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2. Listing contract - Wikipedia

   en.wikipedia.org/wiki/Listing_contract

   A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1] If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms:

3. 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 ...

4. Burnett v. National Association of Realtors - Wikipedia

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

   Seller's agents are no longer required to offer compensation to buyer's agents when listing a home for sale on a Realtor-owned multiple listing service. In addition, Realtors acting as buyer's agents must enter into contracts with buyers before touring any homes, allowing buyers to negotiate how much they will pay their buyer's agent. [19] [20]

5. Realtor lawsuit settlement unburdens home sellers from heavy ...

   www.aol.com/finance/realtor-lawsuit-settlement...

   The settlement with the Realtors' association ended guaranteed commissions but could impose new costs on buyers already ... They sign a contract specifying the percentage of the commission split ...

6. Closing costs - Wikipedia

   en.wikipedia.org/wiki/Closing_costs

   The listing broker may offer buyer agents a portion of their commission as an incentive to find buyers for the property. Payment is required if real estate brokerage service was used. This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan ...

7. Who pays closing costs, the buyer or the seller? - AOL

   www.aol.com/finance/pays-closing-costs-buyer...

   Realtor commissions: The real estate agents involved in the transaction will be owed a commission fee at closing. This typically comes to somewhere between 2.5 and 3 percent of the home’s sale ...