Judge Approves Settlement That Changes Rules for Real Estate Agents


Judge Approves Settlement That Changes Rules for Real Estate Agents

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It's official: A legal settlement that will rewrite the way many real estate agents are paid in the United States has received its final approval from a federal judge.

Judge Stephen R. Bough of the Western District of Missouri on Tuesday approved an agreement between the National Association of Realtors and a group of home sellers who sued the real estate trade group over its long-standing rules on agents' commissions, which they say forced them to pay excessive fees.

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