Realtors

Antitrust Crackdown: Appeals Court Allows DOJ to Reopen Investigation Into Realtors Association, Impacting Home Prices

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Washington, D.C. – The Department of Justice was granted the authority by an appeals court to reopen an antitrust probe into the National Association of Realtors on Friday. This decision comes after a District of Columbia Circuit Court of Appeals panel of judges voted 2-1 to reverse a lower court ruling regarding a 2021 investigative subpoena from the Antitrust Division of the DOJ. The subpoena was issued in a previously closed investigation into NAR policies …

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Antitrust Probe Reopen: Appeals Court Grants DOJ Authority to Investigate National Association of Realtors

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Washington, D.C. – A recent decision by a District of Columbia Circuit Court of Appeals panel has granted the Department of Justice the authority to reopen an antitrust probe into the National Association of Realtors (NAR). The ruling overturned a lower court decision that initially set aside a 2021 investigative subpoena from the DOJ related to NAR policies on commissions and home seller choices. The case, previously settled during the Trump administration and subsequently reinvigorated …

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Realtors Nix 6% Commission Rate, What This Means For Homebuyers

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Atlanta, Georgia – The process of buying a home may become more cost-effective for consumers as the National Association of Realtors has decided to eliminate the previous standard 6% commission rate for real estate agents. For many like new Cobb County homeowner, Shari Martin, the thought of this change was met with mixed feelings. Previously, homebuyers like Martin did not need to be concerned about realtor fees as it was the seller’s responsibility. However, under …

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**Commission Revolution**: National Association of Realtors Settles Antitrust Lawsuits, Eliminates Standard 6% Commission – CNN报道

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Atlanta, Georgia — In a significant move that could potentially revolutionize the homebuying and selling industry, the National Association of Realtors (NAR) announced a groundbreaking settlement on Friday. The settlement, totaling $418 million, marks the end of landmark antitrust lawsuits and aims to lower the cost of real estate transactions. As part of the agreement, the NAR, representing over 1 million Realtors, will implement new rules to reshape the current homebuying and selling business model. …

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