In a significant development for the mortgage industry, a total of 13 brokerages and 15 non-Realtor-owned multiple listing services (MLSs) have chosen to participate in the National Association of Realtors (NAR) settlement. This decision has resulted in a substantial contribution of $30.6 million towards the settlement fund, highlighting the widespread impact and importance of this agreement within the real estate community.
Key Points:
– 13 brokerages and 15 non-Realtor-owned MLSs have opted into the NAR settlement
– Combined contribution of $30.6 million towards the settlement fund
– Signifies a significant step towards resolving issues within the real estate sector and ensuring fair practices for all stakeholders involved.
You can read this full article at: https://www.housingwire.com/articles/opt-in-mlss-brokerages-seek-preliminary-approval-of-commission-suit-settlements/(subscription required)
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