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Real estate lawsuit settlement upends decades-long policies that helped set realtor commissions

Published

4 months ago

on

abc13.com – AP – 2024-03-15 21:02:29

SUMMARY: The National Association of Realtors has agreed to eliminate policies that have artificially inflated agent commissions, settling lawsuits claiming the rules have led to higher costs for home sellers in the U.S. The NAR will pay $418 million in compensation and implement new rules, including not requiring upfront compensation to buyer’s agents and ensuring written agreements with homebuyers. The changes, set to take effect in July, aim to lower agent commissions and bring transparency to the real estate market. The settlement resolves antitrust lawsuits and affects over a million NAR members and affiliated brokerages, with the goal of benefiting small businesses and consumers.

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The impact of a sober living community in San Marcos

Published

39 mins ago

on

July 5, 2024

By

www.kxan.com – Sarah Al-Shaikh – 2024-07-05 20:58:37

SUMMARY: The Vibe San Marcos, a sober living apartment complex in San Marcos, Texas, recently celebrated its one-year anniversary. Founded by Stephanie Ramirez Pelletier, who is seven years sober, the complex helps individuals maintain sobriety, enroll in college, regain custody of their children, and more. Initially starting with two apartments, the Vibe has expanded to nine units, housing 12 residents and plans to add eight more. Residents, including Michael Boyd, have found stability and personal growth, evidenced by success stories such as reestablishing family ties and cultivating a garden. The Vibe encourages participation in Drug Addicts Anonymous and emphasizes community support.

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The post The impact of a sober living community in San Marcos appeared first on www.kxan.com

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Texas News

Biden dismisses diminishing poll numbers, low approval rating after debate

Published

1 hour ago

on

July 5, 2024

By

abc13.com – ABCNews – 2024-07-05 20:14:29

SUMMARY: In an interview with ABC ' George Stephanopoulos, President Joe Biden dismissed polls indicating his declining approval rating, maintaining that more Americans support him than reflected. Despite a New York Times/Siena College poll showing only a 36% approval rating and Donald Trump gaining ground, Biden questioned the accuracy of these polls. Stephanopoulos raised concerns about Biden's re-election chances given his low ratings and the close race despite Trump's criminal convictions. Biden contended these polls were unreliable and recalled overcoming similar skepticism in 2020. He reaffirmed his confidence in winning, asserting he's the most qualified candidate.

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Texas’ coastal emergency leaders watching Beryl closely in anticipation of tropical storm hitting Texas coast

Published

3 hours ago

on

July 5, 2024

By

abc13.com – Nick Natario – 2024-07-05 18:40:30

SUMMARY: Coastal communities in Texas, particularly and Matagorda County, are preparing for the impacts of Tropical Storm Beryl, expected early next week. Emergency leaders have activated preparation plans, anticipating strong rip currents, storm surges, flooding, and potential power outages. Despite not expecting an evacuation order, residents and tourists are urged to stay aware and prepared, especially with the influx of holiday visitors. Cruise lines like Carnival and Royal Caribbean are monitoring the situation and may adjust itineraries. Travel experts emphasize the importance of flexibility and having travel insurance during hurricane season for those in affected areas.

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The post Texas' coastal emergency leaders watching Beryl closely in anticipation of tropical storm hitting Texas coast appeared first on abc13.com

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