Trending News: August 14, 2024

Court grants preliminary approval to HomeServices’ commission lawsuit settlement. Also, Offerpad confirms layoffs after ‘restructuring’ amid down market. And finally, Consumer watchdog advises buyers to pay agents '2% or less'

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Show Notes

Court grants preliminary approval to HomeServices’ commission lawsuit settlement: The final approval hearing is scheduled for Nov. 26, 2024, the same date as the hearing for NAR’s settlement agreement. Read more

Offerpad confirms layoffs after ‘restructuring’ amid down market: The iBuyer declined to confirm how many employees have been let go. Recent SEC filings show widespread cuts compared to a year earlier. Read more

Consumer watchdog advises buyers to pay agents ‘2% or less’: The Consumer Federation of America also tells consumers not to agree to pay an agent just to see a home, but to sign a touring agreement with no financial obligation instead
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Music by: Gloria Tells from Epidemic Sound

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