A change to the real estate commission structure is shaking the industry — and homebuilders and consumers appear to be the winners.) agreed to pay $57.5 million to settle antitrust claims related to commissions.
Changes resulting from the NAR settlement are a “major boost” for homebuilders, who typically paid the buyer agent’s commission. In a note to clients, Morgan Stanley’s Matt Cost wrote that while there is a “credible bull case where commission levels remain stable”, shares of Zillow, RE/MAX, and Compass “could decline further to the extent the market fully prices in material downside to commission rates going forward.”
Italy’s one-euro-home sales have attracted interest in recent few years, but towns like Patrica, located south of Rome, have struggled to offload their empty homes. A Mom Allegedly Left 1-Year-Old in Abandoned House and Made Tearful Discovery Upon Returning 10 Years Later
Source: Real Estate Daily Report (realestatedailyreport.net)
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