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Lawsuit settlement set to change how you buy and sell your home

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  • This week a federal settlement was reached between The National Association of Realtors and home sellers.
  • The lawsuit settlement could fundamentally change the way real estate agents are paid, eliminating the traditional agent's commission of 5-6%.
  • If approved, starting in July, sellers no longer have to pay a commission for the buyer's agent.
  • Real Estate expert Vincent Arcuri explains who wins, loses, and why it’s not that simple in the video above.