The real estate industry is undergoing significant changes following a series of legal settlements involving the National Association of Realtors (NAR) and major real estate brokerages. A notable settlement includes a $418 million payment by the NAR, aimed at addressing claims related to broker commissions. This move is expected to lead to a 30% reduction in broker fees to sellers, potentially increasing home sales by 7-10%. The settlement also involves changes to commission norms and exclusivity agreements, sparking discussions on the impact on buyers, sellers, and agents alike. Additionally, Keller Williams Realty Inc. faces a class-action lawsuit over changes to its profit-sharing program, with former associates claiming millions in losses. These developments have prompted industry leaders and stakeholders to reevaluate commission structures, with the potential to significantly affect the real estate market and its participants.