commissions

6 Stories

New Realtors' Settlement 'Will Blow Up the Market'

National Association of Realtors agrees to $418M deal that will slash commissions to settle suits

(Newser) - The National Association of Realtors has signed off on a huge deal that some say "will blow up" the housing market. The New York Times has seen a copy of the $418 million settlement that would get rid of the standard 5% or 6% commission fee for real estate...

Your Ride to the Airport on Wednesday Could Get Tricky

Uber, Lyft, DoorDash won't offer rides to or from airports in 10 US cities in protest for fair wages

(Newser) - Looking to catch a flight on Valentine's Day to visit your love? You may not be able to count on catching an Uber or Lyft to the airport, depending on where you live. That's because drivers for the two ride-sharing apps, as well as for food delivery app...

New Ruling Could Be the End of Realtor Commissions

The fallout may also affect up to 80% of real estate agents' future in the industry

(Newser) - A federal jury's ruling will have a profound effect on the careers of the 1.6 million people who sell homes in the US. Per the Wall Street Journal , the National Association of Realtors (NAR) along with two brokerage groups must pay up after the verdict found them guilty...

Food Delivery Apps? 'Let Them Burn'
Food Delivery Apps?
'Let Them Burn'
OPINION

Food Delivery Apps? 'Let Them Burn'

'Food & Wine' writer says Grubhub, DoorDash are hurting restaurants with excessive commissions

(Newser) - Few restaurants remain open for people to frequent during the pandemic, though many eateries continue to offer takeout and delivery options. And tapping into delivery apps like Grubhub, Uber Eats, and DoorDash is an easy way to get meals brought right to your doorstep—though Khushbu Shah would be happier...

Recruiters Draw Students From Abroad, for a Price

Universities make more off international students; agents get kickbacks

(Newser) - More American universities are using recruiting agents to draw foreign students, and those middlemen are reaping the benefits—from both sides. One Chinese student paid $3,000 to a company that "suggested Ohio University might be the best for me," unaware that OU pays the company a $1,...

Gitmo Gears up for Terror Trials
Gitmo Gears up for Terror Trials

Gitmo Gears up for Terror Trials

US builds new courtroom complex at base

(Newser) - A high-security mobile courtroom complex is under construction at the Guantanamo Bay Naval Base as officials prepare to  try 9/11 suspect Khalid Sheikh Mohammed and other high profile al-Qaeda figures. Military tribunals will try as many as 80 detainees at the complex, three at a time, Reuters reports. Critics complain...

6 Stories