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Tag search results for: "homebuyer costs"
Theresa Hus
In a groundbreaking decision, a federal jury has delivered a resounding blow to the National Association of Realtors (NAR) and major brokerages, declaring their involvement in a conspiracy to inflate commissions paid to real estate agents artificially. The ruling, which mandates damages of nearly $1.8 billion with the potential to escalate to over $5 billion under treble damages, can reshape the very foundation of the real estate industry in the United States. This historic verdict is poised to revolutionize the home-buying process... more