Antitrust

National Association of Realtors (NAR) Commission Antitrust Settlement

National Association of Realtors (NAR) Commission Antitrust Settlement — Antitrust class action lawsuit

Case Overview

In a landmark October 2023 jury verdict, the National Association of Realtors (NAR) and several major real estate brokerages—including HomeServices of America—were found liable for conspiring to artificially inflate agent commissions through NAR's cooperative compensation rules, which effectively required home sellers to offer a commission to the buyer's agent. The jury awarded $1.78 billion in damages (trebled to approximately $5.36 billion under antitrust law) to a class of Missouri home sellers. The verdict sent shockwaves through the $100 billion U.S. residential real estate industry.

Following the verdict, NAR reached a sweeping $418 million nationwide settlement in March 2024, which also required fundamental rule changes eliminating mandatory cooperative compensation offers on MLS platforms—a structural reform expected to reshape how Americans buy and sell homes for decades. The settlement class covers home sellers nationwide who paid buyer-agent commissions through NAR-affiliated MLSs between 2014 and 2024. Claims are currently being processed, with a deadline in 2025, and affected sellers may receive meaningful compensation.

Who May Qualify

Home sellers who sold a residential property listed on a Realtor-affiliated Multiple Listing Service (MLS) in the United States between October 31, 2019 and August 17, 2024, and who paid a commission to a buyer's real estate agent as part of the sale.

Frequently Asked Questions

Am I eligible for the NAR real estate commission settlement?

You may be eligible if you sold a home listed on a Realtor-affiliated MLS between October 31, 2019 and August 17, 2024 and paid a buyer's agent commission. The claims deadline is May 9, 2025, and you can file a claim at the official settlement website.

How much will I get from the NAR commission lawsuit settlement?

Individual payouts depend on the number of valid claims filed and the commission amount you paid. The $418 million fund will be distributed proportionally among eligible home sellers after fees and administrative costs are deducted.

Did the NAR lawsuit change real estate commission rules?

Yes. As part of the settlement, NAR agreed to eliminate rules requiring sellers to offer compensation to buyer's agents on MLS platforms, effective August 2024. This is considered one of the most significant structural changes to the U.S. real estate market in decades.

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