Industry experts say a federal jury ruling this week against the National Association of Realtors and large brokerages makes the current commission model likely to change.
Tag: Real Estate Brokers
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Chief Executive of National Association of Realtors Resigns
The resignation of Bob Goldberg comes days after a $1.8 billion verdict against N.A.R. and two months after The New York Times exposed complaints of sexual harassment in the group.
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Home Sellers Win $1.8 Billion After Jury Finds Conspiracy Among Realtors
The influential National Association of Realtors and several brokerages were ordered to pay damages to home sellers who said they were forced to pay excessive fees to real estate agents.
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More Brokerages Leave Powerful Realtor Group
Re/Max and Anywhere Real Estate, a brokerage franchiser, will no longer require agents to belong to the National Association of Realtors, as part of agreements to settle two class-action lawsuits.
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Real Estate Industry Lags Behind the #MeToo Movement
Most sexual harassment comes from potential clients, and agents say they are vulnerable to abuse in an industry that offers few protections.