Sitzer et al v. National Association of Realtors et al
Case Number:
4:19-cv-00332
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- ArentFox Schiff
- Armstrong Teasdale
- Barnes & Thornburg
- Boulware Law
- Brown & James
- Bryan Cave
- Bush Seyferth
- Cohen Milstein
- Cooley LLP
- Evans & Dixon
- Faegre Drinker
- Foley & Lardner
- Gibson Dunn
- Hagens Berman
- Holland & Knight
- Hoover Hull
- Horn Aylward
- Jones Day
- Ketchmark & McCreight
- Korein Tillery
- Lathrop GPM
- MacGill PC
- MoloLamken
- Morgan Lewis
- Obermayer Rebmann
- Polsinelli PC
- Quinn Emanuel
- Siro Smith
- Skadden Arps
- Stinson LLP
- Susman Godfrey
- Swanson Martin
- The Popham Law Firm
- Turner Reid
- Williams Dirks
Companies
- Anywhere Real Estate Inc.
- HomeServices of America Inc.
- Kansas City Regional Association of Realtors
- Keller Williams Realty Inc.
- National Association of Realtors
- PulteGroup Inc.
- RE/MAX Holdings Inc.
- RE/MAX LLC
Sectors & Industries:
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April 23, 2024
Realtors, Home Sellers Get OK For $418M Broker Rules Deal
The National Association of Realtors and a nationwide class of home sellers on Tuesday scored a Missouri federal judge's initial approval of their $418 million settlement resolving claims that the trade group's broker commission rules caused home sellers across the country to pay inflated fees.
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March 26, 2024
Deal Holdout HomeServices Can't Undo Sellers' Class Cert.
A Missouri federal judge refused Tuesday to grant class decertification sought by HomeServices of America, the lone holdout still fighting a jury verdict that pushed the National Association of Realtors into a settlement overhauling rules that have effectively restricted how brokers buy and sell homes and how they're paid.
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March 22, 2024
Home Sellers Hope $58M Compass Deal Helps Spur Others
Compass Inc. announced Friday that it would pay home sellers $57.5 million in the first settlement since the National Association of Realtors reached its own deal this month to pay $418 million and overhaul rules that have effectively restricted how brokers buy and sell homes and how they're paid.
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March 19, 2024
NAR Pitches Broker Fee Shakeup To Quiet Antitrust Scrutiny
As soon as this summer, The National Association of Realtors could retire a long-standing system traditionally setting brokers fees at 6% of the cost of a home sale, in a change to escape mounting claims that the rules caused home sellers to pay more than their fair share.
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March 15, 2024
Realtors Cut $418M Deal, Agree To Make Broker Fee Changes
The National Association of Realtors said Friday that it has reached a settlement to end claims that its broker commission rules caused home sellers across the country to pay inflated fees, agreeing to pay $418 million over four years and to implement changes to its rules.
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March 11, 2024
Class Says Realtors, Brokers Can't Escape $1.8B Verdict
Plaintiffs in a nationwide class urged a Missouri federal judge to reject an attempt by Keller Williams, HomeServices of America Inc. and the National Association of Realtors to undo a $1.8 billion jury award by retroactively unraveling class certification.
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March 01, 2024
3 Firms Seek $80M In Fees From Real Estate Brokerage Deal
Class counsel for homeowners who say they paid artificially inflated broker commissions when they sold their homes are asking for about $80 million in attorney fees and $12 million in expenses after they settled with major real estate brokerages.
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February 12, 2024
NAR Taps Keller Williams' Views In New Commission Trial Bid
With Keller Williams Realty agreeing to a settlement with the plaintiffs in the Western Missouri federal case involving alleged agent commission-fixing, the National Association of Realtors adopted the brokerage's arguments in favor of a new trial.
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February 01, 2024
Keller Williams OKs $70M Deal To Exit Broker Commission Suit
The home-sellers who alleged the National Association of Realtors and several brokerages artificially increased costs by requiring them to pay buyer-brokers' commissions said Thursday that Keller Williams Realty has agreed to a $70 million settlement.
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January 09, 2024
NAR, HomeServices Seek New Trial In Commission-Fixing Suit
While some real estate brokers await approval of a final settlement in a nationwide class action over an alleged conspiracy to fix buyer-broker fees, others are looking for a new trial or judgment as a matter of law.