The National Association of Realtors (NAR) and several major real estate brokerage companies allegedly settled an antitrust lawsuit that claimed they conspired to overcharge home sellers by requiring them to pay the brokers’ commissions for both sides of the deal. As per the settlement, home buyers could be able to save up to 6% broker commissions.
In the real estate industry, sellers usually pay 6% commission, which is typically split evenly between the seller’s and buyer’s agents. Critics argue
