NAR Lawsuit, real estate lawsuit 4

The National Association of Realtors (NAR) recently reached a $418 million settlement in a landmark antitrust case, significantly reshaping the U.S. real estate industry. The lawsuit, part of the Sitzer/Burnett case, accused NAR and major brokerages of colluding to inflate seller commissions through their policies regarding the Multiple Listing Service (MLS). This settlement has several key impacts on how real estate transactions will be conducted going forward.

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