Eighth Circuit upholds NAR commission lawsuit settlement
Parties have two weeks from Aug. 19 to seek rehearing after the November 2024 final approval was affirmed
Parties have two weeks from Aug. 19 to seek rehearing after the November 2024 final approval was affirmed
BELLINGS Intelligence Score: 35
Why it matters
The Eighth Circuit's affirmation of the NAR commission lawsuit settlement is a notable legal development affecting real estate brokerage commissions, with potential implications for industry practices and litigation risk, but it does not directly impact credit markets or monetary policy.
Sources
HousingWire
Eighth Circuit upholds NAR commission lawsuit settlement
Parties have two weeks from Aug. 19 to seek rehearing after the November 2024 final approval was affirmed