Real estate brokerage company Compass Inc. will pay $57.5 million as part of a proposed settlement to resolve lawsuits over real estate commissions.

One of the nation’s largest real estate brokerages has agreed to pay $70 million as part of a proposed settlement to resolve more than a dozen lawsuits across the country over agent commissions.

For Lou Brown, a Realtor with a firm in Midtown St. Petersburg, it used to be unusual to represent a prospective buyer who lost their desired house in a bidding war to an investor.