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Comment: Realtors’ landmark US antitrust settlement over broker commissions sets stage for industry to follow suit

By Chris May ( March 15, 2024, 22:30 GMT | Comment) -- The National Association of Realtors announced a deal today that would dispense with crushing antitrust liability linked to a major trial loss over brokerage commissions in exchange for $418 million in payments and rule changes that are widely expected to shake up the US residential real estate industry. NAR's backtracking on a vow to appeal the loss and agreement to change practices core to the industry’s antitrust woes gives remaining brokerage heavy-hitters a strong incentive to throw in the towel as well.The National Association of Realtors announced a deal today that would dispense with crushing antitrust liability linked to a major trial loss over brokerage commissions in exchange for $418 million in payments and rule changes that are widely expected to shake up the US residential real estate industry....

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