The National Association of Realtors was ordered to pay almost $1.8 billion in damages this week over accusations the organization’s policy of forcing home sellers to pay the commission charged to home buyers is a violation of federal antitrust laws.

An additional lawsuit has already been filed covering the entire country but local experts said how the local market might change is up in the air and how long those changes would take to reach California.

Read More: https://smdp.com/2023/11/03/big-real-estate-ruling-may-be-years-away/