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Real Estate Commission Settlement Upheld | Real Estate News
The big real estate commission case just got a major win: an appeals court upheld $876 million in settlements, shaking up the industry nationwide. The Eighth Circuit sided with the National Association of Realtors and major brokerages, rejecting arguments that the payouts were too low or unfairly excluded certain parties. Homeowners had sued over inflated commissions, originally seeking nearly $1.8 billion — but the court found the settlement sufficient to address ongoing harm. Even franchisees were cleared from further claims, despite not contributing to the fund. Law firms hailed it as a…
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