National Association Realtors settles commission lawsuits, agrees to pay $418 million

Real estate stocks are under pressure Friday after the National Association of Realtors (NAR) reached a settlement agreement to resolve various lawsuits related to commission practices. The association has agreed to pay a staggering $418 million as a result.
Yahoo Finance reporter Dani Romero outlines new real estate guidelines that are in place thanks to the lawsuits and dives into post-settlement implications for homebuyers and sellers.
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