The Ring of Fire
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Home Sellers Might Be Getting Ripped Off By Realtors
Posted
April 11, 2019
Views
4,660
Likes
205
Comments
37
Engagement
5.19%
April 11, 2019
4,660
205
37
5.19%
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8:25Now PlayingA home seller lodged a class action lawsuit over the six percent real estate fees assessed upon the sale of most homes in the United States alleging they are too high and a violation of federal antitrust law. According to the class action lawsuit, the six percent fee charged by most realtors on the sale of a home is dictated by the National Association of Realtors and the four largest national real estate broker franchisors, including Realogy Holdings Corp., HomeServices of America Inc., RE/MAX Holdings Inc., and Keller Williams Realty Inc. Ring of Fire’s Farron Cousins discusses this with Scott Hardy from Top Class Actions.
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