YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

National Association of Realtors reaches $418M settlement

Posted online

The National Association of Realtors has reached a $418 million settlement.

Lawsuits have alleged NAR rules unfairly prop up agent commissions, according to The Associated Press.

As part of the settlement, the NAR agreed to no longer require a broker advertising a home for sale on its affiliated multiple listing services to offer any upfront compensation to a buyer’s agent.

Read more from The Associated Press.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Moseley’s Discount Office Products

Moseley’s Discount Office Products was purchased; Side Chick opened in Branson; and the Springfield franchise store of NoBaked Cookie Dough changed ownership.

Most Read
Update cookies preferences