Compass, Douglas Elliman, Others Agree To Settle Commissions Conspiracy Claims

(April 30, 2024, 2:10 PM EDT) -- KANSAS CITY, Mo. — Home sellers accusing the National Association of Realtors (NAR) and a number of real estate franchisors and brokers of violating the Sherman Act by entering into an agreement to artificially inflate the cost of commissions in residential real estate transactions filed a motion in a federal court in Missouri on April 29 seeking preliminary approval of an up to $96 million settlement with five of the named defendants....