$115.5M In Real Estate Commissions Settlements Granted Preliminary, Final OK

( November 12, 2024, 3:35 PM EST) -- KANSAS CITY, Mo. — In a pair of orders issued in a consolidated class action by home sellers accusing the National Association of Realtors (NAR) and real estate franchises of conspiring to artificially inflate the cost of commissions in residential real estate transactions, a federal judge in Missouri granted preliminary approval of four settlements totaling $4,925,000 and final approval of nine settlements totaling $110.6 million....