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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 ...
Hire a discount agent: A low-commission real estate agent will likely charge much less than a traditional agent would — usually 1 to 1.5 percent of your home’s sale price. (However, you might ...
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 ...
Handouts to realtors [23] warned that a seller faced with a transfer fee might ask the real estate agent to reduce their commission, referred to as a "commission-ectomy" [24] Publicly, realtors positioned their opposition as a consumer issue, arguing that property owners receive no benefit from private transfer fees paid to a developer. [25] [26]
In 1986, Kaiser Aluminum sold the bulk of the $450 million real estate holdings to an investor group led by Peter B. Bedford. [9] In 1988, Charles Hurwitz and his company Maxxam, Inc. purchased KaiserTech Ltd, the Oakland-based parent of Kaiser Aluminum and Chemical Company. [10]
The 2020 Virginia Question 1, also known as the Virginia Redistricting Commission Amendment was a proposed amendment to the Virginia Constitution to establish a political commission in order to draw the districts of the U.S House of Representatives seats in Virginia, as well as the districts of the Virginia House of Delegates and State Senate. [3]
A change to the real estate commission structure is shaking the industry — and homebuilders and consumers appear to be the winners. This week, Compass agreed to pay $57.5 million to settle ...
The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.