Apr 8, 06:52 PM

NAR ruling cuts sellers paying 3.5%; The Real Brokerage settles $9.25M lawsuit, buying agents get $10-$25K

The NAR ruling impacts real estate commissions, with sellers potentially paying 3.5% instead of 5-6%. Selling agents retain 2.5%, while buying agents may receive 1% or a flat fee of $10-$25K. The commission pool is expected to decrease by 40 to 45%. The Real Brokerage settles a commission lawsuit for $9.25M, joining other major real estate firms in resolving commission-related litigation. As part of the settlement, The Real Brokerage will adjust its business operations and release its agents from the claim.

#Real Brokerage #The Real Brokerage

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