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Realtors in wait-and-see mode in aftermath of national settlement

Misconceptions and myths continue to surround the National Association of Realtors settlement of a class action lawsuit.


  • By Louis Llovio
  • | 5:00 a.m. April 18, 2024
  • | 0 Free Articles Remaining!
  • Florida
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Just more than month after the National Association of Realtors announced it had settled lawsuits affecting how sales commissions are set, local Realtors and the public are still trying to figure out exactly what the changes will mean for home sales.

This uncertainty hasn’t stopped many from outside the industry from pontificating on its effect, arguing that the settlement will hurt lower-income homebuyers, transform the industry and forever change how much Realtors charge for services. 

 


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author

Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.

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