Final approval has been granted to the settlements reached by the National Association of Realtors (NAR), HomeServices of America, and various MLSs and brokerages that chose to participate. This marks a significant milestone in the ongoing legal battles within the mortgage industry.
Key points from the approval of settlements include:
– NAR, HomeServices of America, 15 MLSs, and 13 brokerages have all agreed to the terms of the settlements
– The settlements are a result of allegations of anti-competitive practices within the industry
– The final approval signifies a resolution to the legal disputes and potential changes in industry practices as a result
You can read this full article at: https://www.housingwire.com/articles/nar-commission-lawsuit-settlement-approved-doj-homeservices-keller-williams-3/(subscription required)
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