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Changes may soon be on the horizon for real estate commission rates after a Kansas City jury determined – in a $1.8 billion judgement in October – that commissions had been inflated and that ...
Keller Williams Realty, Inc. 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.
In January 2013, Mosaic launched an online platform to let individuals invest US$25 or over in specific solar projects while earning a 4.5% annual return. [9] Mosaic provided capital to developers at a 5.5% interest rate, took a 1% fee, and investors could expect a full return of their investment in nine years. [6]
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 ...
If the buy-side agent is no longer paid from the listing commission, then that means the buyer is responsible for paying their agent directly — a sum that would average about $10,000, based on a ...
In April 2017, the company acquired Gloria Nilson & Co. Real Estate, a residential brokerage in New Jersey. [24] [25] The company also formed a strategic alliance with Juwai.com, China's largest overseas property portal, offering access to high-net-worth individual Chinese buyers looking to purchase homes. [26] [27] [28]
"REBNY members gave a tenth of all N.Y. campaign money," in 2015 "which represents only some of the political spending by New York’s real estate industry." Michael McKee, treasurer of Tenants PAC Archived 2022-03-22 at the Wayback Machine , said he "was concerned that state leaders would be more likely to heed REBNY’s positions than his own ...
How to avoid paying Realtor fees. Selling your home without the help of a real estate agent — called “for sale by owner” or FSBO for short — is certainly possible. Between July 2022 and ...