The class-action lawsuit was filed in 2019 on behalf of 500,000 home sellers in Missouri and some border towns. The verdict stated that the defendants "conspired to require home sellers to pay the broker representing the buyer of their homes in violation of federal antitrust law." The jury ...
On March 15, 2024, the National Association of Realtors settled a class action lawsuit by homeowners who alleged that the NAR had illegally inflated the commissions charged to realtors. As part of the $418 million settlement, the NAR agreed to stop allowing broker compensation offers on its li...
Jurors this week awarded home sellers $1.78 billion in damages for an alleged conspiracy between the National Association of Realtors and residential brokers to inflate broker commissions. The class action lawsuit was brought by home sellers who listed their houses in multiple listing services for the...
Move transfers 'fake leads' lawsuit to federal court Move's counsel filed a Notice of Removal on Tuesday to move the class action suit against it from state to federal court. The lawsuit claims Move knowingly sold unvetted and fraudulent leads to agents through its network. ...
Oren and Alon Alexander denied bond as new lawsuit isfiled In bond court on Thursday, Oren pleaded with the judge to be allowed to be with his wife, who is ... byDavidDec 12 9 strategies for indie brokers to keep real estate agentsthriving ...
As of August 17, 2024, all MLSs that have opted-in to the NAR settlement agreement for the Sitzer/Burnett lawsuit will need to implement new policies that are applicable to all participants of the MLS. NYSAR has a dedicated webpage to assist our members on how to fully comply with the ...
The settlement stems from a federal class-action antitrust lawsuit, Burnett v. National Association of Realtors et al., filed in Kansas City, Missouri. Last October, a jury sided with the plaintiffs, agreeing that NAR and large brokerages conspired to inflate commissions paid by sel...
Helpful resources and a call to action for California wildfirevictims byDarryl DavisJan 17 MLS & Associations NAR wants Michigan 3-way lawsuit thrownout byJim Dalrymple IIJan 16 LISTEN: Real estate leaders pen song to help LA wildfire families ...
Minutes after Tuesday’s victory, Ketchmark filed a new class-action lawsuit against real estate companies including Douglas Elliman, Compass and Redfin. The new suit also alleges the companies violated antitrust laws by conspiring to keep commissions high. ...
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