Real estate trade association to pay $418M to settle suits over commissions

By Alex Veiga Associated Press

Posted March 15, 2024 2:42 PM

The National Association of Realtors has agreed on Friday to pay $418 million and change its rules to settle lawsuits claiming homeowners have been unfairly forced to pay artificially inflated agent commissions when they sold their home. — AP Photo/Matt Rourke, FileA powerful real estate trade association has agreed to pay $418 million and change its rules to settle lawsuits claiming homeowners have been unfairly forced to pay artificially inflated agent commissions when they sold their home.The National Association …

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