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What does this $1.8 billion real estate lawsuit mean for homebuyers and sellers?

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A sale sign stands outside a home in Wyndmoor, Pa., Wednesday, June 22, 2022.

A federal jury in Missouri recently ruled that the National Association of Realtors, along with two major brokerages, conspired to set and keep high commission rates for agents. The media hailed the case as one that could change the home-buying process. But what does it actually mean for buyers, sellers and real estate agents? John Kwoka, Neal F. Finnegan Distinguished Professor of Economics and antitrust researcher, breaks it down.

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Northeastern Global News