Landmark settlement could change how homes are bought, sold

FAN Editor 11 months ago

Landmark settlement could change how homes are bought, sold – CBS News

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The powerful National Association of Realtors on Friday agreed to do away with the standard 6% commission rate for home sellers as part of a settlement over multiple lawsuits. The shift means that brokerage fees are expected to drop considerably. Elise Preston examines what this could mean for the industry.

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