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Re/Max, Anywhere, and Keller Williams have agreed to jointly pay $208.5 million in a proposed class action settlement to resolve allegations that they introduced and enforced anticompetitive rules on fees.
This class consists of persons who sold a home during the covered period, listed the home for sale on a multiple listing service (MLS) in the United States, and paid a commission to a real estate agent in connection with the home. . Sale. Eligible date ranges vary depending on which MLS the property is listed on. For more information, please visit: RealEstateCommissionLitigation.com.
3 class action lawsuits Defendants, including the National Association of Realtors (“NAR”) and the real estate brokerages Anywhere, RE/MAX, Keller Williams, and Berkshire Hathaway HomeServices, charge home sellers commissions to buyers’ brokers or agents. and then pay the seller an inflated total fee. Defendants allegedly used illegal and anticompetitive means to enforce these rules.
Although the defendants have not admitted wrongdoing, Anywhere, RE/MAX, and Keller Williams have agreed to a settlement to resolve the class action claims.
Under the terms of the Anywhere, Re/Max, and Keller Williams settlements, eligible class members who submit an approved claim form will receive a portion of the net settlement amount, after attorneys' fees, settlement administration fees, and other costs have been deducted. You will receive the part.
Payment estimates are not available.
The deadline to opt out or contest the settlement is April 13, 2024.
The final hearing on the Re/Max, Anywhere, and Keller Williams class action settlement will be held on May 9, 2024.
The deadline to submit your claim form is May 9, 2025.
