Antitrust

$120M NAR Real Estate Commission Class Action Settlement

$120M NAR Real Estate Commission Class Action Settlement — Antitrust class action lawsuit

Case Overview

The National Association of Realtors (NAR) and multiple real estate brokerage firms reached an agreement to pay more than $120 million to settle allegations that they violated federal antitrust laws by conspiring to artificially raise and fix real estate broker commissions.

The class action lawsuit alleged that the NAR and associated brokerages conspired to inflate home prices and diminish buyer-broker services by manipulating commissions. The settlement benefits individuals who purchased a home listed on a multiple listing service (MLS) in the U.S. where a commission was paid during the applicable class period.

To receive a payment, class members must submit a valid claim form by October 27, 2026. The final approval hearing is set for November 2, 2026, and exclusion deadlines are September 17, 2026. Class members can receive a cash payment based on the commission amount paid for their home purchase.

Who May Qualify

Individuals who purchased a home listed on a multiple listing service (MLS) anywhere in the United States where a commission was paid to any brokerage in connection with the transaction during the applicable class period. The class period varies by state, with qualifying purchase dates beginning Dec. 8, 2017, Dec. 8, 2018, or Dec. 8, 2019, depending on the home's location. The settlement does not cover individuals who sold a home or those who exclude themselves.

Frequently Asked Questions

Who is eligible for this settlement?

The settlement benefits consumers who bought a home listed on an MLS where a commission was paid to a brokerage during the specified class periods. The specific class period depends on the state where the home was located.

What is the deadline for filing a claim?

Class members must submit a valid claim form by October 27, 2026. There is also an exclusion and objection deadline of September 17, 2026.

What does the settlement cover?

Class members can receive a cash payment based on the amount they paid in commissions for their home purchase. The defendants also agreed to maintain or extend certain business practice changes to ensure commissions remain competitive and fair.

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