Proptech and the Real Estate Commission Settlement: What Comes Next?

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This article discusses the settlement reached by the National Association of Realtors in mid-March, where they paid $418 million in damages and amended their commission rules for real estate agents as a result of lawsuits brought by home sellers. The settlement has sparked discussions about the potential impact on the traditional 6 percent commission model and how it may affect proptech in the residential real estate sector.

Original article posted on April 2, 2024

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