Latest news with #commissions
Washington Post
11-07-2025
- Business
- Washington Post
To get their own cash, people in Gaza must pay middlemen a 40% cut
DEIR AL-BALAH, Gaza Strip — Cash is the lifeblood of the Gaza Strip's shattered economy , and like all other necessities in this war-torn territory — food, fuel, medicine — it is in extremely short supply. With nearly every bank branch and ATM inoperable, people have become reliant on an unrestrained network of powerful cash brokers to get money for daily expenses — and commissions on those transactions have soared to about 40%.
Yahoo
03-07-2025
- Business
- Yahoo
Scouted: Celebrate America's Birthday With These 10 4th of July Sales
Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. This Fourth of July holiday marks our nation's 249th birthday! OK, maybe that's not all that special, but as we await the semi-quincentennial in 2026, at least we can appreciate that many great American companies are offering Fourth of July sales this year. Given that Independence Day falls on a Friday this year, this means many of us get to enjoy a long holiday weekend, giving us more time to shop these summer sales. Read on below to check out some of the best Fourth of July sales to shop now through the weekend.
New York Times
01-07-2025
- Business
- New York Times
Celebrity Broker Sues National Association of Realtors Over House Listings
The National Association of Realtors, which came to a landmark $418 million settlement last year over claims of a conspiracy to fix commissions, is facing another antitrust lawsuit — this time over who can control access to real estate listings. Mauricio Umansky, a reality television star and a co-founder of the global brokerage The Agency, sued the trade organization in federal court on Tuesday morning. Recognizable to fans of 'Buying Beverly Hills,' 'Dancing With the Stars' and 'The Real Housewives of Beverly Hills,' Mr. Umansky has been at loggerheads with N.A.R. since 2020, when he first went to court, claiming that its policies for real estate listings were anti-competitive and had damaged a private database of off-market listings that he had created in Los Angeles. The suit was paused last year, when N.A.R. was dealing with its commission settlement. That pause on litigation expired at 12 a.m. Tuesday morning; Mr. Umansky had refiled his suit by 12:30 a.m. Representatives from N.A.R. did not immediately respond to a request for comment on the suit. The revival of Mr. Umansky's claim is the latest in a flurry of litigation in the real estate industry, as agents and brokerages tussle over how and where homes for sale can be listed in the digital marketplace. Last week, Compass, which sells more homes than any of its competitors in the United States, sued Zillow, the country's largest real estate site, which blocks any home that is not listed on its site within 24 hours from appearing there forever. Compass claims the 'Zillow ban' breaks antitrust laws. Zillow's policy echoes a long-held practice at N.A.R. that was recently relaxed. N.A.R. has guided real estate rules in the United States for over a century, and in 2018, the Justice Department opened an investigation into its policies, including those involving listings. The federal inquiry signaled that N.A.R.'s so-called 'clear cooperation' — which requires agents to enter any new home for sale into a public listing database within 24 hours of advertising it — could be considered anticompetitive. Want all of The Times? Subscribe.
