Published 1 month ago

ANALYSIS | A settlement in a U.S. lawsuit could upend the cornerstone of real estate industry: commissions

Summary by Ground News

In Canada, two lawsuits filed against various real estate bodies want the courts to come to the same conclusion. At the heart of both the U.S. and Canadian cases is the opaque way in which real estate agents charge their fees. "We got here by a cartel of brokerages and real estate associations that control the rules, and they've done it for a very long time," says a litigator.

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CBC News

ANALYSIS | A settlement in a U.S. lawsuit could upend the cornerstone of real estate industry: commissions

A landmark deal in the U.S. may lead to enormous changes in how real estate agents are paid. In Canada, two lawsuits filed against various real estate bodies want the courts to come to the same conclusion and force wholesale change in the way Realtors charge their fees.

1 month ago·Canada

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