Moerhl v National Association Realtors (2019)
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].