NAR Lawsuit, real estate lawsuit

6 days ago
70

The National Association of Realtors (NAR) is facing a major antitrust lawsuit that could have far-reaching consequences for the real estate industry. The lawsuit alleges that NAR and several large brokerages, including companies like Keller Williams and Realogy, have engaged in practices that unfairly inflate commissions paid by home sellers. Specifically, the plaintiffs argue that NAR's rules require sellers to pay both their own agent's commission and the buyer's agent's commission, which they claim limits competition and keeps commission rates artificially high.

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