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North Texas Real Estate Agents Face a Future With New Questions
DALLASOBSERVER Writes:
“Real estate professionals in North Texas face an uncertain future thanks to a recent settlement over commissions.
“In March, the National Association of Realtors (NAR) announced an agreement to end litigation of claims related to broker commissions brought on behalf of home sellers. The antitrust suit brought against NAR alleges the group artificially inflated commissions paid by sellers, which raised home prices. The settlement affects over one million NAR members across the country who had residential transaction volumes of $2 billion or less in 2022.
In the settlement, NAR denies any wrongdoing. Under the agreement, NAR is to pay the plaintiffs $418 million over about four years. The agreement awaits final approval from the court.”
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dallasobserver.com
North Texas Real Estate Agents Face a Future With New Questions
Real estate professionals in North Texas face an uncertain future thanks to a recent settlement over commissions.
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