Search results
Results From The WOW.Com Content Network
In its 10-K filed last month, Zillow noted, "If agent commissions are meaningfully impacted, it could reduce the marketing budgets of real estate partners or reduce the number of real estate ...
The landmark legal case about home sale commissions has implications across the country and for Massachusetts homebuyers and sellers. SouthCoast Realtors on how commission settlement could change ...
The settlement reached by the National Association of Realtors (NAR) over real estate agent commissions could end up hurting an already beleaguered group: homebuyers.. The $418 million deal ...
Rhonda Burnett, the lead plaintiff, testified about her experience with a real estate agent from HomeServices of America subsidiary ReeceNichols. According to Burnett, the agent gave her a contract to sign with a commission rate of 6% already filled in, and she was told that the rate was non-negotiable. [12]
Spruce Point Capital, an activist short-seller group, began a campaign against Zillow before the settlement came out, saying changes to real estate agent commissions, among other pressures, could ...
A landmark agreement would eliminate real estate brokers' automatic commissions of up to 6%, potentially saving home buyers and sellers thousands of dollars.
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 ...
The NAR currently represents about 1.6 million Realtors, with 90% of agents cashing in an average commission of 5% to 6% — equal to $100 billion in annual commissions.