Loading...
Market
What percentage of MLSs will adopt new commission structures by December 31, 2024?
3
Resolution / Starting Odds
More than 50% • 25%
30-50% • 25%
10-30% • 25%
Less than 10% • 25%
MLS announcements or credible news sources
Story
NAR Agrees to $250M Settlement, Commission Changes Start August 17
Aug 12, 2024, 05:45 PM
The National Association of Realtors (NAR) has agreed to a significant $250 million class action settlement to address allegations of antitrust violations. Sellers accused NAR and other companies of conspiring to inflate broker commission fees. A judge has granted preliminary approval for the settlement, which will lead to changes in commission structures starting August 17. As the August 17 deadline approaches, more real estate agents are joining NAR and MLSs, anticipating the impact of these policy changes.
View original story
Similar markets
Yes • 50%
No • 50%
Flat Fee • 25%
Hourly Rate • 25%
Percentage-based Fee • 25%
Other • 25%
Commission structure remains the same • 25%
Commission structure changes • 25%
Introduction of new commission models • 25%
Commission structure eliminated • 25%
Yes • 50%
No • 50%
Bright MLS • 25%
CRMLS • 25%
Stellar MLS • 25%
Other • 25%
RE/MAX • 25%
Keller Williams • 25%
Coldwell Banker • 25%
Other • 25%
Yes • 50%
No • 50%
RE/MAX • 25%
Keller Williams • 25%
Coldwell Banker • 25%
Other • 25%
Realogy Holdings Corp • 25%
RE/MAX • 25%
Keller Williams • 25%
Other • 25%
Increase by more than 1% • 25%
Increase by 1% or less • 25%
Decrease by 1% or less • 25%
Decrease by more than 1% • 25%