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National Association of Realtors Class-Action Lawsuit Proposed Settlement
Manage episode 409030061 series 3422092
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In this consumer focused conversation, Matt Hudson and Mike Aden (Employing Broker at Colorado Home Realty) discuss the proposed settlement of the 6 year class-action lawsuit which, amongst other things claims that the National Association of Realtors (NAR) is complicit in required practices by members that contributed to price fixing.
Mike and Matt discuss the terms of the settlement, the timeframe for implementation, the 2 primary characteristics of the settlement that will impact the industry and the ripple affect these changes will have on consumers.
This is one of the biggest industry changes in American industry history and impacts every homeowner and prospective homeowner. Know that your CHR agent is highly informed and can walk you through exactly what these proposed changes will mean for you.
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