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Real estate commissions, unassailable for decades, could crumble after landmark settlement

The National Association of Realtors agrees to pay $418 million and rule changes that will make it more likely buyers pay for their agents

The National Association of Realtors agreed to a $418 million settlement that will make it less likely that sellers cover the commisions of buyer agents. The agreement could save sellers billions of dollars over time, but also shift costs onto buyers. It could also push many agents on the margin out of the business. (Matthew Staver, Bloomberg)
The National Association of Realtors agreed to a $418 million settlement that will make it less likely that sellers cover the commisions of buyer agents. The agreement could save sellers billions of dollars over time, but also shift costs onto buyers. It could also push many agents on the margin out of the business. (Matthew Staver, Bloomberg)
DENVER, CO - NOVEMBER 8:  Aldo Svaldi - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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The National Association of Realtors announced Friday that it had reached a legal settlement that upends the traditional model of sellers paying for the buyer's agent in a home purchase. The agreement has the potential to save home sellers billions of dollars every year, but could also complicate purchases for buyers.
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