A housing expert has revealed how much Americans could expect to receive from a $1 billion landmark real estate settlement — and it's probably less than you think. The real estate industry faced its biggest shakeup in a century last August when a series of lawsuits forced a major overhaul of the way agents are paid commission. Before August 17, an agent working on behalf of a seller would charge their client a fee of around 5 to 6 percent — which was then split with the buyer's agent.
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