Senior Vice President of Engel and Volkers Honolulu joined colleague Kay Mukaigawa as the spotlight turned to the much-discussed lawsuit involving the National Association of Realtors (NAR).
The NAR has agreed to pay $418 million in damages and eliminated rules on commissions that do away with the standard 6% commission for real estate agents.
The Department of Justice this weekend fired a warning shot as a series of class-action lawsuits against the National ... alleged in the initial lawsuit the NAR’s "participation rule” and ...
The National Association of Realtors (NAR) has agreed to pay $418 million over four years and change certain rules to settle a series of lawsuits over the industry’s sales commission fees ...
Related stories The recent lawsuits, which accused the NAR and some of the country's largest brokerages of conspiring to keep agents' commissions unfairly high, could signal the start of a new era.