Commissions Consolidation Request Denied In Missouri
Plaintiffs sought to combine cases in California, New York, Pennsylvania and Texas
Plaintiffs sought to combine cases in California, New York, Pennsylvania and Texas
The data suggest that any additional aggregate costs to buyers would be modest and relatively short-term
Real has also agreed to implement specific changes, including clarifications about the negotiability of commissions
If you’re like us, keeping track of the mounting lawsuits centered on real estate commissions is a dizzying effort!
Compass has also agreed to make changes to its business practices as part of the settlement
Lawyers for HomeServices have asked the U.S. District Judge to throw out the verdict, calling it “misguided and excessive”
The Consumer Federation of America has predicted homeowners could save $20-$30 billion in commission payments annually
The often standard 5-6 percent commission could become a thing of the past under new rules following the settlement
The deal, yet to be filed, will still need a federal court’s approval before being finalized
The firms argue that attorneys and clerks put in nearly 96,500 hours of labor over the course of five years ...
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