Judge Stephen R Bough granted final approval for settlements in commission lawsuits for Keller Williams, Anywhere and RE/MAX on May 9, 2024.
On Monday, May 3, 2024, Redfin became the 10th brokerage to reach a settlement, filing a Form 8-K report with the U.S. Securities and Exchange Commission (SEC) agreeing to pay $9.25 million to settle commission lawsuits.
On Friday, May 3, 2024, the National Association of Realtors (NAR) released information about upcoming changes to its practices regarding the MLS, based on nine requirements stipulated in the proposed settlement agreement.
The Real Brokerage announced today (April 8, 2024) it has agreed to a settlement to resolve the pending class action litigation, Umpa vs. NAR on a nationwide basis.
On Friday, March 22, 2024, Compass agreed to a proposed settlement amounting to $57.5 million, adding to the total settlement funds in industry lawsuits.
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