Sun Apr 14 6:31:46 EDT 2024
Home#ForeclosurepediaNationEnd of an Era: Real Estate Commission Cartel Crumbles

End of an Era: Real Estate Commission Cartel Crumbles

NAR Settlement Template for Suing Eric Miller and NAMFS

For decades, Americans selling homes have shouldered the burden of a seemingly unshakeable 6% commission fee for real estate agents. This practice, however, has finally come to an end thanks to a landmark settlement in a class-action lawsuit against the National Association of Realtors (NAR). The settlement builds on a bitter irony I brought up nearly eight years ago on Foreclosurepedia and predicted the NAR's ultimate demise. It has been paralleled in our Industry, both by National Association of Mortgage Field Services (NAMFS) members and Prime Vendors . . .

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Paul Williams
Paul Williamshttps://foreclosurepedia.org
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