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Realtors Are in Crisis—and Home Buyers Could Be the Winners
The National Association of Realtors appeared to hit rock bottom in October when a Kansas City jury delivered a $1.8 billion verdict‚ finding that the industry kept home-sales fees artificially high. But the existential threat to the powerful trade group was about to get worse.
Copycat lawsuits have been filed around the nation. Dozens of real-estate brokerages are now defendants. Federal regulators are scrutinizing the industry more closely than they have in years.Â
Brokerage...
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