$1.8 billion judgment could impact Florida real estate market
TAMPA, Fla. — A recent antitrust court case in Missouri, along with similar lawsuits, may bring about changes to the standard 6% commission paid to real estate brokers, along with who is responsible for paying that fee.
Callen Jones of Jones Home Team Inclusive Real Estate is a Florida real estate agent who says they are already seeing the impact of that verdict locally.
Throughout their career, Jones has printed out thousands of pages of documents.
“So this is the listing agreement,” Jones said.
The Florida real estate contract lays out the terms and conditions between a buyer and seller for the transfer of property.
“So it talks about the address and types of loans they will accept,” they...
