Proptech and the Real Estate Commission Settlement: What Comes Next?

Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin

This article discusses the settlement reached by the National Association of Realtors in mid-March, where they paid $418 million in damages and amended their commission rules for real estate agents as a result of lawsuits brought by home sellers. The settlement has sparked discussions about the potential impact on the traditional 6 percent commission model and how it may affect proptech in the residential real estate sector.

Original article posted on April 2, 2024









Join the Community

Subscribe to CREtech to get our monthly newsletter curated by our editors and special event discounts and announcements.


or if you're already a member

Login

ATTEND THE BEST REAL ESTATE TECH NETWORKING EVENT, CRETECH NEW YORK

X