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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 ...
On Aug. 17, the rules governing real estate agent commissions are changing. Some experts say the shift should eventually reduce costs for consumers. Real estate agent commission rules change Saturday.
A planning and zoning commission is a local elected or appointed government board charged with recommending to the local town or city council the boundaries of the various original zoning districts and appropriate regulations to be enforced therein and any proposed amendments thereto. In addition, the Planning and Zoning Commission collects ...
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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.
The court ultimately asserted that any harm is a generalized consequence of real estate economics rather than a specific result of the suburb's regulations. Therefore, since the elevated housing costs could not be directly attributed to a certain exclusionary policy, the court ruled in favor of the suburb's ordinance.
Real estate brokerages may get a cut of the commission as well. The brokerage RE/MAX, for example, has a split commission setup by which its agents receive 95 percent of the full commission from ...
The Illinois Register (Ill. Reg.) is the official weekly publication containing proposed and adopted rules of Illinois state agencies. It is published online every Friday by the Illinois Secretary of State.