A recent class-action settlement involving the National Association of Realtors (NAR) has sparked widespread discussion on its impact on the real estate industry, particularly concerning real estate agent commissions. The settlement, valued at $418 million, aims to introduce price transparency and foster increased competition within the industry. However, US consumers expecting significant savings on home sales commissions might be disappointed. The settlement could lead to changes in how commissions are structured, potentially benefiting homebuilders while posing challenges for real estate platforms. Mark Zandi, Chief Economist at Moody's Analytics, predicts a gradual reduction in commission rates to 4-5%, with variations based on home prices and geography, over time. This landmark legal decision is expected to shake up traditional commission models, affecting a $100B annual business and over 1.5M realtors registered with NAR, and could influence the dynamics of buying and selling homes, starting this summer.