The National Association of Realtors Settlement: What You Need to Know
The National Association of Realtors Settlement: What You Need to Know The National Association of Realtors Settlement: What You Need to Know Introduction There's currently a lot of hype in the industry about a National Association of Realtors settlement of over $400 million that's being paid out after a lawsuit was made by a group of sellers in Missouri. Now, you're probably asking, what is this all about, and how is it going to affect me, and then how can I prepare if I'm planning a real estate transaction? So I want to answer all of those questions for you, and I'll start with, what is this settlement all about? The Settlement and Its Implications The main gist of the settlement is that a group of sellers got together and were upset over how their transactions were handled from a commission standpoint. They felt th