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To be eligible to receive the benefits of the Settlements, you must have: (1) sold a home during the Eligible Date Range (see the Long Form Notices); (2) listed the home that was sold on a multiple listing service (“MLS”) anywhere in the United States; and (3) paid a commission to any real estate brokerage in connection with the sale of the ...
Nov 14, 2023 · Nov 14 (Reuters) - Texas real estate associations and a group of home brokers are facing new claims that they artificially inflated sales commissions in the state, opening another front in...
- Mike Scarcella
Feb 6, 2024 · The lawsuit alleges the existence of an anticompetitive agreement that resulted in home sellers paying inflated commissions to real estate brokers or agents in violation of antitrust law.
Dec 15, 2023 · The details: In a class-action complaint filed by three home sellers on Dec. 14, a long list of brokerages and real estate associations are being accused of a conspiracy to keep commission fees inflated, similar to the charges in the Sitzer/Burnett case and a flood of others that have been filed since the jury announced their verdict favoring ...
Mar 22, 2024 · Updated: 4:46 PM EDT March 22, 2024. On March 15, the National Association of Realtors (NAR) agreed to pay $418 million to settle multiple lawsuits that claimed the trade group’s policies unfairly forced people to pay artificially inflated costs to sell their homes.
paid to all real estate agent(s) or broker(s) involved in the transaction. 8. Please complete and sign the Attestation at Section D. 9. Timing – Your Claim Form must be mailed to the Settlement Administrator, or submitted online, by May 9, 2025. Any claims postmarked or electronically submitted after May 9, 2025, will be ineligible for a payment.
Nov 15, 2023 · After $1.8 Billion Verdict in National Association of Real Estate Lawsuit, Texas Gets Its Own Version. Two North Texas companies allege that Texas real estate companies and...
