Brokerages and non-Realtor MLSs settle antitrust suits for $30M

Fifteen MLSs and 13 brokerages that chose to opt-in to NAR’s commission settlement will cough up an additional $30,587,754 in compensation to sellers, raising the settlement fund to nearly $450 million. Continue reading

Commission suits hit Realtors, brokerages in Florida, Pennsylvania

In separate lawsuits, homesellers allege the defendants — including Florida Realtors and West Penn MLS — conspired to enforce rules that inflated commissions on the sale of their homes. Continue reading