Judge approves settlement that changes rules for real estate agents

The New York Times quoted Tanya Monestier following a legal settlement in which a judge ordered the National Association of Realtors (NAR) to rewrite its rules governing agents’ commissions and pay $418 million in damages. Monestier filed a 136-page objection to the settlement earlier this year, and has been critical of agents, saying they’re trying to work around the new rules. “Someone is going to have to force N.A.R.’s hand to disseminate this information,” Monestier said.