National Association of Realtors agrees to pay $418 million and lower fees to settle $1.8 billion ‘conspiracy’ verdict

Americans pay roughly $100 billion in real estate commissions each year, but that burden is about to be lightened considerably. The National Association of Realtors, one of the country’s largest industry associations, reached a settlement Friday morning over an alleged “conspiracy” to inflate realtors’ commissions. The settlement could slash real estate agents’ commissions by up to…