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...
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...
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 ...
More than 20 states filed a federal lawsuit against New York earlier this month challenging the constitutionality of the new Climate Change Superfund Act, which will establish regulations seeking to collect roughly $75 billion from companies deemed responsible for greenhouse gas emissions due to their ...
That document could signal a major shift in the way Americans buy and sell homes. It was mandated as part of a settlement ending aclass actionlawsuit by home sellers against the National Association of Realtors (NAR). In addition to requiring buyer’s agent agreements, the settlement removes ...
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...
The Kauai Board of REALTORS® is a nonprofit corporation that provides community resource information and represents a little over 500 REALTOR® members
you are agreeing to use arbitration as a means to resolve disputes between us, and as a result, you are waiving certain rights to litigate claims that you might have against us, including as a part of a class action lawsuit. If you do not want to agree to these Terms or the Privacy ...
Visit NYSAR’s dedicated NAR lawsuit settlement webpage for NAR Lawsuit Settlement resources, including FAQ’s for New York REALTORS®. NYSAR also offers updated model statewide forms and instructional videos. News NAR Legal Action Program Helps Secure Victory in Appeals Court “NAR announced the ...