A SETTLEMENT of several lawsuits filed over real estate commission fees will pay out $418 million. The National Association of Realtors (NAR) denied any wrongdoing but agreed to the payout. GettyA landmark settlement could bring on lower commission rates for home buyers[/caption] Home sellers filed the suits alleging that the real estate industry colluded to keep agent commissions at around 5% to 6% of the home’s price. The plaintiffs in the lawsuit argued that commission rates advertised on Multiple Listings Service, a database used by agents to find homes for clients, allowed realtors to prioritize homes with higher fees. Now, the NAR will change its guidelines to make comm
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