Recent News About National Association of Realtors
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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
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The antitrust action on behalf of buyers leveled accusations similar to a pending lawsuit from home sellers
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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.
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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.
