Class Action Lawsuit brought agains the NAR
Wanted to solicit feedback on the class-action lawsuits brought against the NAR pertaining to anticompetitive compensation mechanics.
Thoughts on the way this changes the fundamental landscape? What would happen if buyers had to pay the agents they utilized directly? Does requiring sellers to pay buying agent commissions foster anticompetitive behavior and artificially inflate commissions (they will only show or favor listings with the highest commissions)?
What do you guys think the fallout will be, if any?