So, its cheaper and easier for them to work out a settlement with you and to pay.

Hi, BPers, with the settlement of NAR lawsuit in the news everywhere, I am wondering how does that affect the commercial real estate brokers?

Keep in mind, the transactional costs of selling a property in Philadelphia with the high transfer taxes and brokerage fees (althoug these are expected to be reduced in light of the landmark NAR settlement that occurred yesterday), adds additional transactional costs, especially in instances where the home was purchased as recently as last year as is the case with your home.

Five Ways Buying and Selling a House Could ChangeThe National Association of Realtors has agreed to change its policies to settle several lawsuits brought by home sellers — a move that could reduce commissions.A settlement reached this week threatens to strike a blow to an established standard of residential real estate: the 6 percent sales commission.

There's 3 or 4 threads going on in the forum regarding the NAR settlement.

This settlement goes much further and faster than I (and probably anyone else) expected. 

When someone goes after a landlord, is there a certain range that settlements typically fall within?

Attorneys generally don't like to take cases that can last years on the hope that they may get a chunk of a big award/settlement. 2) There are still costs to the plaintiff.

Is it possible to negotiate some sort of settlement with their 2nd mortgage to accept less than the total amount due?

Explore Mediation or Settlement: In some cases, it may be possible to resolve disputes with tenants through mediation or negotiation.