Natl. Association of Realtors settlement leaves KC realtors waiting for answers

KANSAS CITY, Mo. — The National Association of Realtors announced Friday the association would agree, if approved, to a settlement that would eliminate the 6% standard commission for agents.

In November, KSHB 41 reported on the class action lawsuit filed by attorney in Kansas City that involved 500,000 home sellers across Missouri, Kansas and Illinois.

The new settlement totals $418 million but awaits final approval by a judge.

When KSHB’s Abby Dodge called 10 realtors Monday afternoon, none agreed to discuss the settlement.

Some said they did not want to comment on pending litigation, while others wanted to see how

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Realtor group agrees to slash commissions in major $418M settlement

The National Association of Realtors (NAR) will eliminate rules that fostered a standard 5 percent to 6 percent sales commission as part of a $418 million settlement with home sellers.

The powerful realtors organization agreed to pay $418 million in damages to settle several lawsuits from home sellers, it was announced in a press release. The lawsuit alleged that the association’s commission rules forced home sellers to pay excessive fees, according to The New York Times.

“NAR has worked hard for years to resolve this litigation in a manner that benefits our members and American consumers,” Nykia Wright, the NAR’s

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Maine residents try to buy their mobile home parks

Tenants living at Old Orchard Village and Atlantic Village fear a new owner could try to price them out.

OLD ORCHARD BEACH, Maine — Earlier this month, residents living at two mobile home parks in Old Orchard Beach learned they’re for sale.

A group of people who live at Old Orchard Village and Atlantic Village are attempting to form a tenants’ cooperative to try and buy the parks for themselves.

But it’s no small task.

Before the end of March, 51 percent of tenants need to support the co-op. After that, they need to secure financial backing.

Residents say there

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Can NJ homebuyers expect big cuts in realtor commissions? | Videos

Major changes in the sale and purchase of real estate are expected after the National Association of Realtors agreed to pay $418 million to settle lawsuits from home sellers, who argued that realtor commissions were inflated. As a result, the standard 6% commission in home purchase transactions is projected to be significantly reduced.

What will the settlement mean for those looking to buy or sell a home in New Jersey? “We expect it to potentially be signed off within the next few months. And the changes that they are talking about will take effect sometime in July,” said Gloria Monks,

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TBM may sell 11 properties to raise cash

Public comments ranged from opposition to the sale of some land, to neighbors expressing an interest in purchasing extra land

The Blue Mountains council is considering the sale of 11 town-owned properties to raise some cash.

On March 12, council held a public meeting to gather input on the possibility of the property being declared surplus and eventually sold. The 11 properties under consideration are a mixture of unopened road allowances, narrow lanes, larger parcels that could be potential building lots and one small lot on Gray Road 2 that may or may not be a separate property.

At the

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Colney home with river view and cinema on sale for £1.35m

The Meadowlands family home in Old Watton Road in Colney is set over three floors and offers four double bedrooms and three bathrooms.

The bespoke property was completed in 2021 and according to listing agent Websters, it “oozes style and sophistication”.

READ MORE: Norwich named among the UK’s best places to live

Norwich Evening News: The property has marble floors in the entrance hallThe property has marble floors in the entrance hall (Image: Webster’s)

Norwich Evening News: The family home has a three-story layout with four double bedrooms and three bathroomsThe family home has a three-story layout with four double bedrooms and three bathrooms (Image: Webster’s)

Upon entrance is a vaulted hall and a bespoke contemporary staircase, with natural light bouncing off marble floors.

On the lower

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Money blog: Four-bed semi in London goes viral for £3.5m asking price | UK News

Santander launches £185 switch incentive – as Britons who had no options a month ago were suddenly flooded with offers

Santander is offering £185 to people who switch from a rival bank.

The offer is open to new and existing Santander customers, using the Current Account Switch Service to switch to certain current accounts.

In order to qualify, you need to switch within 60 days of requesting the move – and within that timeframe pay in at least £1,500 and set up two direct debits.

You’ll then get the money within 90 days.

Who else has offers like this?

HSBC

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Melbourne Cup-winning horse owner Vin Sammartino saddles up to sell Kew trophy home

103 Sackville St, Kew, - for herald sun real estate

Hacer Group’s business development manager Vin Sammartino and wife Leigh Ferrier are selling 103 Sackville St, Kew.


Construction boss and horseracing bigwig Vin Sammartino and wife Leigh Ferrier have listed their trophy Kew house with a $15m-$16.5m price range.

In addition to his role as building company Hacer Group’s business development manager, Mr Sammartino is part of the syndicate behind thoroughbreds Almandin and Rekindling — who took home the 2016 and 2017 Melbourne Cups, respectively.

RELATED: Kew: Bondi Sands’ co-founder Blair James, wife Melanie set to farewell home

1890s mansion hidden in private pocket of Melbourne hits the market for

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