Notice of Residential Real Estate Broker Commissions Antitrust Settlements

Recently a notice was published concerning a class action where the Plaintiffs alleged that real estate brokers engaged in anticompetitive practices, essentially violating federal antitrust law. This, by the way, is the law that broke up Ma Bell and gave us dozens of different phone providers. The case is Burnett et al. v. The National Association of Realtors et al. Information about the case is available at the settlement website.

To be eligible to make a claim, ou must have: (1) sold a home during the Eligible Date Range (see the Long Form Notices); (2) listed the home that was sold on a multiple listing service (“MLS”) anywhere in the United States; and (3) paid a commission to any real estate brokerage in connection with the sale of the home. You can find eligible date ranges here.

EzElderlaw does not participate in this case (or any other case) and this information is provided as-is. If you want to know more about the case, then you will need to contact the attorneys handling it.