Florida Realtor Alexandré Worthington is already bracing for a shift that threatens a tear down a compensation system that has ruled his industry for more than a century.
In a federal civil case, a Kansas City jury last month found the National Association of Realtors (NAR) and major brokerages conspired to keep commissions artificially high. The result has left the real estate industry holding its collective breath, as experts say it is on the cusp of a radical reorganization that could affect everything about the business.
“There’s a lot of speculation out there around how this will play out,” said Ryan Tomasello, who covers the real estate technology sector
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