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Sold a home between Feb. 1, 2020, and Feb. 1, 2024, for the Anywhere and Re/Max settlements or Oct. 31, 2019, and Feb. 1, 2024, for the Keller Williams settlement. Listed the home on a multiple ...
One of the nation's largest real estate brokerages has agreed to pay $70 million as part of a proposed settlement to resolve more than a dozen lawsuits across the country over agent commissions.
Keller Williams Realty, Inc. Anywhere Real Estate, Inc. RE/MAX, LLC; Jurors found that all the defendants in the case "knowingly and voluntarily" engaged in a conspiracy with the goal of "raising, inflating, or stabilizing broker commission rates paid by home sellers" by following and enforcing NAR's cooperative compensation rule.
This settlement means the NAR can no longer set any rules that would allow a seller’s agent to set compensation for a buyer’s agent. The association’s Multiple Listing Service (MLS ...
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The defendants in the lawsuit included Berkshire-owned HomeServices of America and its two subsidiaries, along with Keller Williams Realty. [35] [42] The lead lawyer for the plaintiffs in this lawsuit was Michael Ketchmark. [35] According to media sources, the awarded damages could be tripled to more than $5.3 billion under United States ...
Keller Williams Realty (commonly referred to as Keller Williams) is an American technology and international real estate franchise with headquarters in Austin, Texas. It is the largest real estate franchise in the United States by sales volume as of 2022.
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