Friday, 22 March 2019

Class action suit could change real estate commissions

In what could be the most far-reaching antitrust lawsuit for the real estate market in decades, the National Association of Realtors and four of the largest realty companies have been accused of a conspiracy to systematically overcharge home sellers by forcing them to pay commissions to the agents who represent the buyers of their homes. The class-action suit, https://therealdeal.com/2019/03/11/a-new-class-action-lawsuit-could-upend-the-real-estate-business-as-we-know-it/ filed in federal district court in Chicago, focuses on a rule it says has been imposed […]



source https://therealdeal.com/miami/2019/03/22/class-action-suit-could-change-real-estate-commissions/#new_tab

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