top of page
Search
  • Metro East REIA

NAR Found Liable for Inflating Commissions; Jury Awards $1.78 Billion in Damages

Reuters is reporting that a federal court in Kansas City Missouri has returned a verdict in a class action lawsuit against the National Association of Realtors, awarding the plaintiffs $1.78 billion in damages. The report says the class action included sellers of 260k+ homes in Missouri, Kansas and Illinois between 2015 & 2022, who objected to the commissions they were obligated to pay buyers’ brokers. Continue reading HERE...

0 views0 comments

Recent Posts

See All

Rental information site Zumper recently released their latest monthly National Rent Report for November, 2023. According to their data, median rent for 1-bedroom apartments was $1,499 (down 0.4% from

The U.S. government is reporting that total construction spending in October, 2023 was at a seasonally adjusted annual rate of $2027.1 billion, which is 0.6% higher than September’s revised estimate a

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 3.9% annual change for September, 2023. Their 10-City Composite increased 4.8% and their 20-City Composite increase

bottom of page