Suppose you sold a home listed on a multiple listing service (MLS) between October 31, 2017, and July 23, 2024, and paid a real estate broker commission. In that case, you may qualify for compensation from class action settlements totaling over $730 million. These settlements address claims of inflated commission fees due to alleged anti-competitive practices among brokers and agents.
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Settlement Overview
The “real estate commission litigation” claims that brokers and agents violated antitrust laws by conspiring to inflate commission fees artificially. As a result, home sellers reportedly paid higher commissions than necessary.
Several prominent brokerage companies have agreed to settlements, contributing to a total of over $730 million. Below is the breakdown of contributions from the defendants:
- Compass Inc.: $57.5 million
- Real Brokerage: $9.25 million
- Realty ONE: $5 million
- @Properties: $6.5 million
- Douglas Elliman: $7.75 million (with up to $10 million more contingent)
- Redfin: $9.25 million
- Engel & Völkers: $6.9 million
- HomeSmart: $4.7 million
- United Real Estate: $3.75 million
These settlements provide a proportional share of compensation to eligible class members.
Who’s Eligible?
To qualify, you must meet the following criteria:
- Sold a Home: The property must have been sold during the eligible date range.
- Listed on MLS: The home was listed on a multiple listing service anywhere in the United States.
- Paid a Commission: You paid a real estate brokerage commission during the sale process.
To confirm your eligibility, visit the settlement website at RealEstateCommissionLitigation.com.
Eligible Date Ranges
Details about eligible date ranges are available on the settlement website. Ensure your sale aligns with the specific timeframes to qualify for compensation.
How Much Can You Receive?
The amount varies based on individual cases. Payments will be distributed proportionally from the settlement funds, depending on the commissions paid and other factors.
Proof of Purchase Required
To file a claim, you must provide:
- Closing Documents: Proof of the sale date and real estate broker commission fees paid.
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Key Deadlines
- Claim Form Deadline: May 9, 2025
- Exclusion and Objection Deadline: October 3, 2024
- Final Approval Hearing: October 31, 2024
How to File a Claim
Visit the settlement website at RealEstateCommissionLitigation.com to submit your claim. If you previously filed a claim with one of the other defendants in this case, you do not need to submit a new claim form.
Important Note
Submitting a fraudulent claim is illegal and harms other eligible class members. Ensure you meet all qualifications before filing. Check the FAQ section on the settlement website if you are uncertain about your eligibility.
Case Details
- Case Name: Gibson, et al. v. National Association of Realtors, et al.
- Case Number: 23-CV-788-SRB
Contact Information
For more information, contact the claims administrator:
- Real Estate Commission Litigation Settlements c/o JND Legal Administration PO Box 91479 Seattle, WA 98111 Email: [email protected] Phone: 888-995-0207
Class Counsel
- Ketchmark and McCreight P.C.
- Williams Dirks Dameron LLC
- Boulware Law LLC
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Stay Informed and Claim Your Compensation
With over $730 million available in settlements, now is the time to act if you meet the eligibility criteria. Ensure your claim is submitted by May 9, 2025, to receive your share of the settlement fund. For further details, visit RealEstateCommissionLitigation.com.
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