A class action lawsuit filed in Chicago could change real estate commissions

In what could be the most far-reaching antitrust lawsuit for the real estate market in decades, the National Association of Realtors and four of the largest realty companies have been accused of a conspiracy to systematically overcharge home sellers by forcing them to pay commissions to the agents who represent the buyers of their homes.

A class action lawsuit filed in Chicago could change real estate commissions

The class-action suit, filed in federal district court in Chicago, focuses on a rule it says has been imposed by the NAR.


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