Home Sellers Reach $250M Settlement with HomeServices of America
Home Sellers Reach $250M Settlement with HomeServices of America
Source: pr-inside.com
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Home Sellers Reach $250M Settlement with HomeServices of America
HomeServices was potentially on the hook for the remaining $4.7 billion in damages from a jury verdict that awarded plaintiffs $5.3 billion.
The National Association of Realtors agreed to pay a $418 million settlement and change the way members charge commission. A federal jury ruled last year that the NAR conspired to inflate housing market costs. What could that mean for the way homes are bought and sold in the U.S.?