In August 2024, a realtor network settled for $418 million without admitting guilt. Consequently, realtors must secure signed contracts with buyers before showings. Buyers may need to cover their agent’s commission if sellers don’t pay. Buyers can sign with multiple agents, but doing so for the same property can lead to double commissions.
Tag Archives: real-estate-agent
What happened to Realtors on August 17th, 2024
On August 17th, 2024 The Realtor network has exercised the power to change procedure in attempt to prevent costly 418 Million dollar lost lawsuits.