Realtors’ settlement could alter Asheville’s home buying, selling scenario lolita, 09/07/2025 ASHEVILLE, NC (WLOS) — A recent settlement by the National Association of Realtors could save home buyers and sellers in Asheville hundreds of thousands of dollars. But it could also cost them. The National Association of Realtors agreed to pay more than $400 million in damages to a group of home sellers. If the court signs off on the settlement, the NAR would likely implement the changes in July. Those changes could help lower the costs for sellers who typically cover the commission for their agent as well as that of the buyer, meaning more homebuyers would be paying for their agent’s commission. “I think the whole industry could be affected in some way shape or form,” Town and Mountain Realty broker-owner Leah Miller said. NATIONAL ASSOCIATION OF REALTORS REVISES COMMISSION POLICIES IN $418M LAWSUIT SETTLEMENT Typically, when looking to sell a home, the owner would have to pay a non-negotiable 5 to 6 percent commission fee for a listing on a multiple listing service, or MLS. That fee would then be split between the buyer’s and seller’s agents. In recent years, there have been accusations of agencies leading buyers of more expensive homes. “Buyers’ agents work for buyers, and … Continue Reading
Realtor group could cut commissions to settle lawsuits lolita, 10/04/2025 IE 11 is not supported. For an optimal experience visit our site on another browser. How buyers and sellers can save money with real estate ruling 03:50 Now Playing Realtor group could cut commissions to settle lawsuits 02:07 UP NEXT Ryan Serhant shares expert advice for home buyers and sellers 04:47 Mortgage rates, home prices inch down: Is now the time to buy? 02:52 Mortgage rates fall for 9th week — here’s what it means for buyers 01:41 Real estate outlook for 2024: What will the home market look like? 03:36 Billion dollar verdict could shake up real estate market 01:47 Mortgage rates surge to 8% amid record low supply of homes for sale 01:50 Homebuyers spooked by rising interest rates, cooling market 04:16 Mortgage rates for home loans hit 23-year high 00:24 High home prices may soon be on the decline 02:13 With high mortgage rates, what are your options for buying a home? 02:59 30-year mortgage rate rises to highest level since 2000 00:29 Noise complaints arise as pickleball grows in popularity across US 02:23 What is the ‘built-to-rent’ home trend and is it right for you? 04:15 Home prices drop: Is now a good time to buy … Continue Reading
BC realtor loses license after manipulating inexperienced sisters | iNFOnews lolita, 03/08/2024 FILE PHOTO Image Credit: ADOBE STOCK March 21, 2024 – 7:00 PM Lower Mainland realtor Gobinder Kaur Takhar has surrendered her real estate license and agreed to pay fines and fees of $57,000 after manipulating three sisters in a Chilliwack real estate deal. While she agreed to a BC Financial Services Authority order earlier this month, the real estate deal took place in 2017. Three sisters, who are identified only by their initials in the financial services report, received a small inheritance and wanted to grow that through a real estate investment in a rental property in early 2017. “All three sisters were in a position of financial hardship: PG was widowed and had a daughter to support; CJ was divorced and single with a son to support; and BA have three daughters, the youngest with special needs,” the report says. “They were inexperienced with real estate investments.” They initially worked with one realtor. Takhar filled in for that realtor for vacation coverage and had brief dealings with the sisters during that time. On July 31, 2017, the sisters, through the first realtor, submitted a bid of $350,000 for … Continue Reading