Several major players in the mortgage industry have recently opted out of the National Association of Realtors (NAR) commission lawsuit settlement agreement, including Resides, Northwest MLS, and MLS PIN. This decision by these key industry entities highlights the ongoing tensions and disagreements surrounding real estate commission structures and practices. The move to opt out of the settlement agreement could have significant implications for the industry as a whole, as it signals a shift in how various organizations are approaching and responding to the issue.
Key elements of the text include:
– Resides, Northwest MLS, and MLS PIN opt out of NAR commission lawsuit settlement agreement
– Highlights ongoing tensions and disagreements in real estate commission structures
– Could have significant implications for the industry as a whole.
You can read this full article at: https://www.housingwire.com/articles/resides-opts-out-of-nar-commission-lawsuit-settlement/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
