Realtor settlement could shake up market

Realtor settlement could shake up market

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(ABC 6 News) – As the National Association of Realtors agrees on a settlement, a massive shake-up could be in store for the housing market.

The association was accused of conspiring to keep broker fees artificially high.

Now, commission fees could go down by 50%, leading to thousands of dollars in differences for home prices.

If that settlement is approved, the new rules will begin this summer.