Natl. Association of Realtors settlement leaves KC realtors waiting for answers
KANSAS CITY, Mo. — The National Association of Realtors announced Friday the association would agree, if approved, to a settlement that would eliminate the 6% standard commission for agents.
In November, KSHB 41 reported on the class action lawsuit filed by attorney in Kansas City that involved 500,000 home sellers across Missouri, Kansas and Illinois.
The new settlement totals $418 million but awaits final approval by a judge.
When KSHB’s Abby Dodge called 10 realtors Monday afternoon, none agreed to discuss the settlement.
Some said they did not want to comment on pending litigation, while others wanted to see how