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NAR Settles $418M Commission Lawsuit | Real Estate News
The National Association of Realtors is on the hook for a $418 million payout to settle a landmark commission lawsuit, with a federal appeals court now upholding the settlement — cementing sweeping changes to how real estate agents are paid. Originally awarded over $5 billion after a jury trial, the deal shifts power to buyers by requiring clearer, more transparent commission structures and ending the practice where sellers foot both buyer’s and seller’s agent fees. Critics argued the settlement didn’t go far enough to benefit consumers, but the court’s ruling confirms the new rules are here…
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