The Impact of National Realtors Lawsuit on Twin Cities and Chicago Real Estate Markets
May 6, 2024, 9:36 am
Location: United States, New York
Employees: 501-1000
Founded date: 2007
Total raised: $112M
Location: United States, New York
Employees: 201-500
Founded date: 1927
Location: United States, Washington, Seattle
Employees: 5001-10000
Founded date: 2006
Total raised: $25M
A deep dive into how the recent settlement of a major lawsuit by the National Association of Realtors is shaking up the real estate industry in Twin Cities and Chicago, causing confusion and concern among industry professionals and first-time buyers. The changes in how agents are paid and who foots the bill could lead to lower commissions, new business models, and challenges for agents who can't prove their value to clients.