Settlement Notices for Real Estate Agent Commission Lawsuits Are Legitimate

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Settlement Notices,Lawsuits,National Association Of Realtors

Settlement notices related to multiple lawsuits against the National Association of Realtors and several major brokerages are legitimate. Here’s how to file a claim.

Settlement notices related to multiple lawsuits against the National Association of Realtors and several major brokerages are legitimate. Here’s how to file a claim.that the NAR and several large real estate brokerages, including Keller Williams Realty, Anywhere Real Estate Inc., and Re/Max, conspired to require that home sellers pay homebuyers’ agent commissions in violation of federal antitrust law.

Under the settlement terms, the NAR agreed to change decades-long rules that required brokers or agents who listed a home for sale on its multiple listing service (MLS) to offer compensation upfront to agents representing potential homebuyers. A MLS is a database established by cooperating real estate brokers to provide data about properties for sale, according toMultiple VERIFY readers, including Denisse, Matt, and Rachel, asked if emails and postcards they recently received about the settlements were legitimate.Settlement notices related to real estate agent commission class action lawsuits against the National Association of Realtors and several major brokerages are legitimate, according to the, listed the home on a multiple listing service (MLS) anywhere in the U.S. and paid a commission to a real estate brokerage in connection with the home’s sale. Top Class Actions says the eligible date range varies depending on which MLS the property was listed o

 

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