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You may be eligible to receive compensation if you (1) sold a home during the Eligible Date Range; (2) listed the home on a multiple listing service anywhere in the United States; and (3) paid a commission to a real estate agent or broker in connection with the sale of the home.
Mar 15, 2024 · It was announced today that NAR has settled on a series of lawsuits surrounding real estate commissions. The settlement is subject to court approval. While the settlement is complex and has many details that will take time to fully understand, Ohio REALTORS believes this settlement will move our industry forward.
May 28, 2024 · The National Association of Realtors recently reached a settlement in a significant lawsuit that scrutinizes the payment structure for real estate agents and examines who bears the cost. This settlement addresses long-standing questions about the compensation of agents and could potentially reshape the real estate industry's financial dynamics.
You may be eligible to receive compensation if you (1) sold a home during the Eligible Date Range; (2) listed the home on a multiple listing service anywhere in the United States; and (3) paid a commission to a real estate agent or broker in connection with the sale of the home.
Residential Real Estate Commissions Settlements. Important Update: Plaintiffs and the National Association of Realtors have entered into a Settlement Agreement totaling $418 million, in addition to changes in its rules relating to real estate broker's commissions and other settlement terms.
Oct 31, 2023 · Breakdown of the real estate commissions case: a jury found NAR and Keller Williams guilty of conspiring to inflate commissions. Read more.
Hagens Berman believes that home sellers have been cheated in real estate broker commissions, and we intend to fight to recover overcharges. When entities arrange together to rig prices, or control a market, consumers always lose, and we’re here to challenge this illegal price-fixing.