Nov 6, 2024
Real Estate Commission Lawsuit: Judge Approves $110 Million Settlement Across Nine Brokerages
A federal judge recently made a decision that granted final approval to nine settlements. These settlements total $110 million in a class-action lawsuit targeting real estate commission practices (Reuters, 2024). The lawsuit accused major brokerages. These brokerages include Compass, Redfin, and At World Properties. They were accused of artificially inflating commission rates for residential home…