The way homes are bought and sold in the Dallas-Fort Worth metroplex may change if a $418 million settlement reached by the powerful National Association of Realtors last week holds up.

The settlement changes several rules that lawsuits allege forced sellers to pay artificially inflated prices to sell their homes. It could mean the end of the 6% commission. The agreement must be approved by a federal judge.

The NAR will no longer require a broker advertising a home on the Multiple Listing Service to list or offer any upfront compensation to a buyer’s agent. Offers of compensation can be

Washington, DC
CNN
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Bob Goldberg, chief executive officer of the National Association of Realtors, the nation’s largest trade association, is stepping down, the organization announced Thursday.

Earlier this week, a federal jury in Missouri found NAR and two brokerages conspired to keep real estate agent commissions artificially high and determined they were liable for $1.8 billion in damages.

NAR has faced a difficult year, setting aside the jury verdict and even the troubled housing market.

In August, the NAR president, a member agent Kenny Parcell, resigned amid sexual harassment allegations. Earlier this month, Redfin withdrew its membership from NAR.