Justice Catalyst Law, alongside Cohen Milstein, Hagens Berman, Handley Farah & Anderson, Wright Marsh & Levy, and Teske Katz, filed a putative class action against the National Association of Realtors (NAR) and four national real estate brokerages for conspiring to require home sellers to pay for buyers’ brokers at an inflated commission well above a competitive level in violation of federal antitrust law. The suit alleges that the defendants’ conspiracy has centered around NAR’s adoption and implementation of a mandatory rule that requires all brokers to make a blanket, non-negotiable offer of buyer broker compensation when listing a property on a MLS. Read the news coverage here: Forbes, Fox Business [watch].
See More
Justice Catalyst Law Files Lawsuit Alleging Conspiracy Among Realtors
Justice Catalyst Law and partners filed a putative class action against the National Association of Realtors and national real estate brokerages for conspiring to require home sellers to pay for buyers’ brokers at an inflated commission above competitive level.
Press on Justice Catalyst Law Case: The internet didn’t shrink 6% real estate commissions. But this lawsuit might
CNN has written about Justice Catalyst Law's case against the National Association of Realtors.
Press on Justice Catalyst Law Case: Lawsuit Over Who Should Pay Buyer's Agent Could Upend Housing Market
The Washington Post wrote about Justice Catalyst Law and partners' putative class action lawsuit against the National Association of Realtors.