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

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

    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 ...

  3. Real estate commission rules are about to change. Here's how ...

    www.aol.com/news/real-estate-commission-rules...

    For decades, if you wanted a real estate agent to help you buy or sell a home, the model was static. At the close of escrow, the seller typically used their proceeds to pay a 5% to 6% commission ...

  4. 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 ...

  5. Roughly $30 billion could be slashed from real estate agents ...

    www.aol.com/finance/roughly-30-billion-could...

    The pair note that home sellers in the U.K., Ireland, the Netherlands, Singapore, Sweden, and Norway pay less than 2% in commission to their real estate agents on average, compared to 5.5% in the ...

  6. Concierge Auctions - Wikipedia

    en.wikipedia.org/wiki/Concierge_Auctions

    It was conceptualized to hold auctions for high-priced real estate between a seller and a group of buyers. Local real estate agents receive 5-6 percent sales commission and Concierge Auctions charges 12 percent to buyers. Auctions range from $2 million to $100 million, but have an average of about $4 million. [10]

  7. How do real estate agent fees and commissions work? - AOL

    www.aol.com/finance/real-estate-agent-fees...

    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 ...

  8. Burnett v. National Association of Realtors - Wikipedia

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

    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]

  9. Biggest shakeup in a century set to hit real estate agents ...

    www.aol.com/biggest-shakeup-century-set-hit...

    Redy, which operates nationwide, is a marketplace that allows real estate agents to bid on home listings, meaning agents could pay homesellers for the opportunity to represent them, cutting into ...

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