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Professionals rely on HW Media for breaking news, reporting, and trade information and rankings. If the settlement introduced Friday is approved by a federal courtroom, the standard 6% commission goes away. Sellers would no longer need to make a compensation proposal to prospective consumers and their brokers. Critics have said the inspired brokers to push their shoppers towards more expensive properties. National Association of REALTORS® leaders have been speaking to reporters and members full-time over the past month to correct the record concerning the association’s decision to resolve nationwide claims introduced by residence sellers.

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