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2. Illinois Department of Financial and Professional Regulation

   en.wikipedia.org/wiki/Illinois_Department_of...

   The Illinois Department of Financial and Professional Regulation (IDFPR) is the Illinois state government code department that through its operational components, the Division of Banking, Division of Financial Institutions, Division of Professional Regulation, and Division of Real Estate, oversees the regulation and licensure of banks and financial institutions, real estate businesses and ...

3. National Association of Realtors - Wikipedia

   en.wikipedia.org/wiki/National_Association_of...

   The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, making it the largest trade association in the United States including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.

4. Multiple listing service - Wikipedia

   en.wikipedia.org/wiki/Multiple_listing_service

   Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.

5. How do real estate agent fees and commissions work? - AOL

   www.aol.com/finance/real-estate-agent-fees...

   A 5 percent real estate commission on that price would come to $12,500. But in San Francisco, where the median was a considerably higher $1.37 million, a 5 percent commission would come to $68,500.

6. Can a seller back out of a real estate contract? - AOL

   www.aol.com/finance/seller-back-real-estate...

   Building contingencies into the contract: Most real estate contracts have contingencies that give sellers cause to back out. For instance, the seller may say they will only sell their property if ...

7. Realtor lawsuit settlement unburdens home sellers from heavy ...

   www.aol.com/finance/realtor-lawsuit-settlement...

   They sign a contract specifying the percentage of the commission split — traditionally, each party takes 3%. ... But in real estate, everything’s negotiable.