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Jury finds conspiracy over real estate broker fees

03:47

Those hefty broker commissions you pay if you sell a house were at the heart of a big federal ruling this week.

A jury ordered the National Association of Realtors and other large brokerages to pay nearly $2 billion in damages to home sellers, saying the groups had conspired to inflate real estate commissions.

Here & Now's Scott Tong speaks with Michael Regan, senior editor for Bloomberg News.

This segment aired on November 3, 2023.

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