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This mailer mentions a lawsuit focused on real estate commissions, involving people, and paid commissions to real estate agents. In this post, we will review RealEstateCommissionLitigation.com and tell you whether it is legitimate or another scam.
22 mar 2024 · The settlement comes months after a federal jury found that the NAR and several large real estate brokerages, including Keller Williams Realty, Anywhere Real Estate Inc., and Re/Max, conspired to require that home sellers pay homebuyers’ agent commissions in violation of federal antitrust law.
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.
22 mar 2024 · Facts First. There’s much the media has gotten wrong about NAR’s settlement, which would require the association to pay $418 million over four years. Some outlets have suggested that NAR previously set or guided commissions to a standard rate of 6%.
If you sold a home in the US listed on a multiple listing service (MLS) between Oct. 31, 2017, and July 23, 2024, and paid a real estate broker commission, you may be part of the settlement...
CLAIM FORM. The deadline to file a claim is May 9, 2025. Any claims postmarked or electronically submitted after May 9, 2025 will be ineligible for a payment. To file a claim, click “File a Claim” below. You may also download a Claim Form to print and mail to the Settlement Administrator.
6 lut 2024 · The lawsuit alleges the existence of an anticompetitive agreement that resulted in home sellers paying inflated commissions to real estate brokers or agents in violation of antitrust law.