6% Commission on Home Sales Abolished After Realtor Associations Agree to Landmark Settlement
A Paradigm Shift in Home Purchase Transactions The National Association of Realtors (NAR) recently made a groundbreaking decision that is set to revolutionize the real estate industry. In a move aimed at reducing the cost of buying and selling homes, the NAR settled landmark antitrust lawsuits by agreeing to pay $418 million in damages and…