BluePerspectives

Realtors liable for nearly $1.8 billion in damages for inflating commissions, jury finds

A Missouri jury on Tuesday found the National Association of Realtors, a trade group for the real estate industry, HomeServices of America, and Keller Williams liable of nearly $1.8 billion for conspiring to inflate their commissions. A judge could issue a court order to prevent commission sharing on multiple listings services (MLSs), which would harm the buyer-agent…

 The National Association of Realtors( NAR ), a trade association for the real estate industry, HomeServices of America, and Keller Williams were found guilty on Tuesday in Missouri of conspiring to inflate commissions, resulting in damages of nearly$ 1.8 billion. A judge could issue an injunction prohibiting commission sharing on multiple listing services( MLSs ), which would be detrimental to the buyer-agent. The National Association of Realtors( NAR ), a trade association for the real estate industry, HomeServices of America, and Keller Williams were found guilty on Tuesday in Missouri of conspiring to inflate commissions, resulting in damages of nearly$ 1.8 billion. The buyer-agent would suffer if a judge issued an injunction prohibiting commission sharing on multiple listing services( MLSs ). 

A Missouri jury on Tuesday found the National Association of Realtors, a trade group for the real estate industry, HomeServices of America, and Keller Williams liable of nearly $1.8 billion for conspiring to inflate their commissions. A judge could issue a court order to prevent commission sharing on multiple listings services (MLSs), which would harm the buyer-agent…

  

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