topic Re: Residential Real Estate Commissions Antitrust Settlement in Community Chat

Residential Real Estate Commissions Antitrust Settlement

PickyPicky3 — Thu, 04 Apr 2024 18:20:26 GMT

I got a postcard notification that I may be part of the settlement class.

The lawsuit has to do with residential real estate brokerage commission pricefixing, and the eligibility dates can go back to 2014 and extend to 2/1/24. There are different dates associated with different brokerages.

Basically:

1. If you sold a house within the eligibility dates, and

2. Your house was listed on MLS, and

3. You used a broker, then

You MAY be eligible.

That's as far as I've gotten.

See realestatecommissionlitigation dot com.

Re: Residential Real Estate Commissions Antitrust Settlement

ahoymate — Thu, 04 Apr 2024 18:59:30 GMT

Good luck with this. My experience with several class action suits, is they take years and years. The payout is less than $5.00.

Re: Residential Real Estate Commissions Antitrust Settlement

Wsmom — Thu, 04 Apr 2024 21:00:03 GMT

But the attorneys make $$$$$.

Re: Residential Real Estate Commissions Antitrust Settlement

patbz — Sat, 06 Apr 2024 17:52:31 GMT

Thank you for the info! We sold A house during that period, so will definitely check into this!

Re: Residential Real Estate Commissions Antitrust Settlement

Sooner — Sat, 06 Apr 2024 17:59:08 GMT

@Wsmom wrote:
But the attorneys make $$$$$.

@Whenever a case is settled there are two big winners: The Attorneys!