The way homes are bought and sold in the Dallas-Fort Worth metroplex may change if a $418 million settlement reached by the powerful National Association of Realtors last week holds up.

The settlement changes several rules that lawsuits allege forced sellers to pay artificially inflated prices to sell their homes. It could mean the end of the 6% commission. The agreement must be approved by a federal judge.

The NAR will no longer require a broker advertising a home on the Multiple Listing Service to list or offer any upfront compensation to a buyer’s agent. Offers of compensation can be

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

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

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

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

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

The 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