National Association of Realtors
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Realtors to pay $418M to end home seller commission class action; Big changes coming to home sale process
Lawyers who brought the lawsuits could be in for a big payday, as well, potentially claiming $140 million from the deal, plus $69 million from earlier settlements with large real estate brokerages facing similar claims of alleged collusion to boost real estate agent commissions -
Judge tosses home buyer's lawsuit accusing Realtors of conspiracy leading to artificially boosted broker commissions
The antitrust action on behalf of buyers leveled accusations similar to a pending lawsuit from home sellers -
Judge: Lawsuit OK to continue accusing Realtors Association, brokers of conspiracy to force home sellers to pay more
A federal judge in Chicago refused to dismiss the case accusing the National Association of Realtors and some of the country's biggest brokerages of using control of the MLS to force home sellers to pay higher commissions to agents representing home buyers. -
Feds say Natl. Assoc. of Realtors misinterprets consent decree to fight antitrust class action
The U.S. Justice Department has jumped into an antitrust lawsuit against the National Association of Realtors, arguing a deal the association inked with the federal government years ago may not cover the claims at issue in the antitrust suit.