Realtors' group settles lawsuit over home sale commission fees

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The landmark deal could clear the way for widespread changes in how Americans buy and sell homes.

The National Association of Realtors has come under fire from multiple lawsuits taking aim at the industry’s compensation structure, in which sellers pay a commission that is then divided between representatives for both sides of the transactions.The National Association of Realtors agreed to settle litigation over commission rules for U.S. real estate agents, clearing the way for widespread changes in how Americans buy and sell homes.

A Missouri lakefront estate once owned by Cole Hamels, a major league baseball pitcher, is on the market for $14.5 million. Hamels played for the Texas Rangers from 2015 to 2018.Surging home prices and a rise interest rates have created a new reality for homebuyers in the area. Here's a look at how much more you need to earn in order to comfortably afford an average home in the Dallas area.

 

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