NAR restructures broker commissions in $418 million lawsuit settlement

… of artificially inflating commissions  But New Yorker City buyers likely wont see a huge difference in their deals due … agent to offer compensation to a buyers broker in order to show a home on the Multiple Listing Service MLS unnaturally … into effect on Jan 1st 2024 Deanna Kory a broker at the Corcoran Group also hasnt seen a huge change in how

By Celia Young |March 15, 2024 - 3:08PM
Does a buyer in NYC need to pay a broker fee?

… cases are shaking up courtrooms around the US and in NYC On Thursday REBNY told members it would fight an … in early November by a New York seller against it and 26 NYC real estate firms The suit alleges REBNYs universal … violated antitrust laws and that forcing a seller to pay both sellers and buyers broker fees unfairly inflates …

By Jennifer White Karp |December 28, 2023 - 11:30AM