Realtor commission Lawsuit verdict | NAR Lawsuit update 2023 | National Association of REALTORs

The verdict is in for the lawsuit about real estate commissions. What does it mean for homebuyers? In this video, I give an update of what is going on with the lawsuit against the NAR (National Association of Realtors) in 2023. The lawyers who brought this case against the NAR say it will save homebuyers money on Realtor commissions, but there are some unintended negative consequences for homebuyers that I will talk about. I will also answer questions such as what is the commission for a real estate agent, is co-operative compensation price fixing and what does the lawsuit ruling mean for homebuyers. Watch to find out more!