#canadarealestate #canadianrealestate #NAR
The $418 million dollar NAR settlement could impact real estate commissions in Canada – this according to Tom Davidoff of UBC. The settlement, which is being called ‘the worst thing ever’ for realtors – could fundamentally change Canada’s real estate market if a similar settlement is reached here in Canada.
Links:
Real estate agents caught breaking the law on hidden camera (Marketplace):
https://www.youtube.com/watch?v=ShBvRe0Jv68
U.S. realtors to change commission rules as part of US$418 million settlement:
https://financialpost.com/real-estate/us-realtors-change-commission-rules-418-million-settlement
Impact of U.S. real estate commission changes on Canada:
https://globalnews.ca/video/10374895/u-s-real-estate-commission-changes
The 6% commission on buying or selling a home is gone after Realtors association agrees to seismic settlement:
https://www.cnn.com/2024/03/15/economy/nar-realtor-commissions-settlement/index.html
How could the US’s seismic real estate settlement impact Canada?:
New Rule Change Could Be ‘Worst Thing Ever’ for Realtors And Great News For Homebuyers, With This Real Estate Stock Seen As A ‘Beneficiary’:
https://finance.yahoo.com/news/rule-change-could-worst-thing-200011760.html
Toronto real estate class-action could affect billions of dollars in commissions:
https://financialpost.com/real-estate/toronto-real-estate-lawsuit-could-be-landmark-case
Realtor commission structures could change as early as July 2024:
An exodus of 45,000 Ontario real estate workers has hit the industry since the slowdown — but some say Toronto still has too many agents:
What a $418 million settlement on home-sale commissions may mean for you:
https://www.cnbc.com/2024/03/20/what-the-settlement-on-home-sale-commissions-means-to-you.html
Landmark U.S. settlement could impact Canadian housing market:
https://www.cbc.ca/news/canada/british-columbia/us-real-estate-commission-impact-1.7148033
Western Law:
https://law.uwo.ca/future_students/jd_admissions/first_year_applications/applicant_categories.html
Real Estate Salesperson Program Admission Requirements:
https://humber.ca/realestate/become-a-salesperson/admission-requirements.html
Realtors called out for “mocking” Canadians struggling to buy a home:
https://dailyhive.com/vancouver/realtors-mocking-canadians-afford-homes
We’ll soon find out the true value of real estate agents:
https://www.washingtonpost.com/opinions/2024/03/21/real-estate-agent-value-dropping/
What the Realtor Lawsuit Settlement Means for Homebuyers and Sellers:
Realtor commission change delivers a boon to homebuilders, a blow to real estate platforms:
https://ca.finance.yahoo.com/news/realtor-commission-change-delivers-a-boon-to-homebuilders-a-blow-to-real-estate-platforms-130043155.html
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