a stock photo of a gavel sitting next to a pile of $100 bills

NAR Settlement Gets Preliminary OK

The judge in the lawsuit against the National Association of Realtors over real estate agent commissions has given his preliminary approval to a settlement in the case, signalling that a new future for how agents are compensated is clearly on the horizon.

NAR Settles Commission Lawsuits

The National Association of Realtors abruptly reversed course Friday morning, announcing it was settling all lawsuits against it over real estate commissions for a substantially smaller sum than it would have paid under a preliminary verdict announced last year.