Umpa v. National Association of Realtors et al
Case Number:
4:23-cv-00945
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Armstrong Teasdale
- Berkowitz Oliver
- Bryan Cave
- Cohen Milstein
- Cooley LLP
- Cooling & Herbers
- Crowell & Moring
- Dysart Taylor
- Foley & Lardner
- Franke Schultz
- Freeman Mathis
- Gibbs Mura
- GM Law PC
- Hagens Berman
- Honigman LLP
- Lathrop GPM
- Littler Mendelson
- MacGill PC
- Ogletree Deakins
- O'Melveny & Myers
- Paul Weiss
- Saul Ewing
- Scharnhorst Ast
- Sheppard Mullin
- Shook Hardy
- Stinson LLP
- Susman Godfrey
- Taft Stettinius
- Vinson & Elkins
- Wagstaff & Cartmell
- WilmerHale
Companies
- Compass Minerals International, Inc.
- Douglas Elliman Realty LLC
- eXp World Holdings Inc.
- Hanna Holdings Inc.
- HomeServices of America Inc.
- Keller Williams Realty Inc.
- National Association of Realtors
- Weichert Realtors
Sectors & Industries:
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May 06, 2024
Redfin To Pay $9.2M To Exit Broker Fee Class Action
Redfin disclosed to regulators on Monday that it will pay $9.25 million to end claims that it caused home sellers to pay inflated commissions under rules set by the National Association of Realtors, allowing the company to exit a class action that ensnared several brokerage firms.
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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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April 09, 2024
Real Brokerage $9.2M Settlement Is Latest In Agent Fee Suit
The Real Brokerage Inc. will pay $9.2 million in a settlement to exit a class action in Missouri federal court over broker fees that prompted other big brokerages to change how they charge agent 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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February 28, 2024
Brokerages Seek Exit From Missouri Commission-Fixing Suit
Several real estate brokerages pushed to exit a putative antitrust class action in Michigan federal court accusing them and the National Association of Realtors of conspiring to inflate commission fees for buyer-brokers, saying the court lacks personal jurisdiction and that arbitration is required.
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January 02, 2024
Mo., NYC Brokers Hit With New Commission-Fixing Claims
Real estate associations and brokerages in Missouri and Brooklyn are facing new allegations of violating antitrust laws by pressuring home sellers to pay commissions to buyer-brokers.