Key Details:
- Nevada home seller Andrea Boykin filed a complaint on February 16, alleging a conspiracy within the real estate industry that requires home sellers to pay inflated commissions to buyer agents.
- A total of 22 defendants were named in the complaint, including NAR, brokerages, and MLSs.
Nevada is now facing two commission lawsuits as copycat cases continue to pile up after the wake of Sitzer/Burnett.
The new lawsuit, filed on February 16, 2024, came one month after the Whaley lawsuit was filed in Nevada. Naming 22 defendants, the most recent complaint alleges a conspiracy that requires home sellers to pay inflated commission costs.
Read on for the details.
Details of the Boykin Lawsuit in Nevada
Home seller Andrea Boykin sold a home in Las Vegas in 2022 for $525,000. She paid 5%, or $26,250, in commissions, which was split between the listing agent and the buyer’s agent.
Like the Whaley lawsuit, the complaint states defendants are in violation of federal antitrust law and the Nevada Deceptive Trade Practices Act.
It seeks class-action status on behalf of anyone who listed a home for sale on a Nevada MLS in the past four years and who paid a buyer broker commission with one of the defendants named in the complaint.
Defendants Include NAR, Brokerages and MLSs
Defendants of the Boykin lawsuit include:
- National Association of Realtors (NAR)
- The Agency
- BHHS Affiliates
- Compass
- Douglas Elliman Realty
- eXp
- HomeSmart
- Realty ONE Group
- Redfin
- Nevada Realtors
- Greater Las Vegas Association of Realtors
The remainder of the 22 defendants include additional associations and two MLSs.
Stay up to date on real estate commission legal battles with BAM’s Industry Lawsuit Watch.
