Sitzer et al v. National Association of Realtors et al

  1. March 06, 2025

    The Antitrust Litigation Surrounding NAR's Industry Rules

    A year and a half after a Missouri federal jury found that the National Association of Realtors inflated fees for home sellers, the Eighth Circuit is evaluating a series of settlements in wake of the decision while the Justice Department pursues its own antitrust investigation with a court's blessing.

  2. November 26, 2024

    NAR Buyer-Broker Settlement Approved Over DOJ Concerns

    A Missouri federal judge granted final approval Tuesday to the National Association of Realtors' antitrust settlement with home sellers, signing off on a $418 million payment and changes to broker commission rules, as NAR and the plaintiffs assailed the U.S. Department of Justice for raising last-minute concerns about the deal. 

  3. November 25, 2024

    DOJ Says Realtor Commissions Deal Is No Antitrust Shield

    The U.S. Department of Justice warned the National Association of Realtors that changes to broker commission rules agreed to in a settlement with home sellers do not shield the industry from government antitrust scrutiny.

  4. October 28, 2024

    Law Prof Calls Out Atty Fees, Workarounds In NAR Deal

    A University at Buffalo Law School professor on Monday urged a federal judge to reject the National Association of Realtors' $1 billion settlement in an antitrust class action, arguing the deal only serves to enrich lawyers in the case while allowing an anticompetitive system to continue.

  5. October 10, 2024

    Homebuyers Tell 8th Circ. Broker Deal Gives Them Nothing

    Homebuyers are urging the Eighth Circuit to undo the approval of $208.5 million in settlements struck by real estate brokerages in the sprawling litigation over industry rules covering broker fees, saying the deals only provide money for sellers.

  6. August 09, 2024

    Home Sellers Get Approved For $250M HomeServices Deal

    A Missouri federal judge granted preliminary approval for a $250 million class action settlement to end an antitrust suit filed by home sellers who accused the National Association of Realtors, HomeServices of America Inc. and other companies of conspiring to artificially inflate broker commission fees.

  7. April 23, 2024

    Realtors, Home Sellers Get OK For $418M Broker Rules Deal

    The National Association of Realtors and a nationwide class of home sellers on Tuesday scored a Missouri federal judge's initial approval of their $418 million settlement resolving claims that the trade group's broker commission rules caused home sellers across the country to pay inflated fees.

  8. March 26, 2024

    Deal Holdout HomeServices Can't Undo Sellers' Class Cert.

    A Missouri federal judge refused Tuesday to grant class decertification sought by HomeServices of America, the lone holdout still fighting a jury verdict that pushed the National Association of Realtors into a settlement overhauling rules that have effectively restricted how brokers buy and sell homes and how they're paid.

  9. March 22, 2024

    Home Sellers Hope $58M Compass Deal Helps Spur Others

    Compass Inc. announced Friday that it would pay home sellers $57.5 million in the first settlement since the National Association of Realtors reached its own deal this month to pay $418 million and overhaul rules that have effectively restricted how brokers buy and sell homes and how they're paid.

  10. March 19, 2024

    NAR Pitches Broker Fee Shakeup To Quiet Antitrust Scrutiny

    As soon as this summer, The National Association of Realtors could retire a long-standing system traditionally setting brokers fees at 6% of the cost of a home sale, in a change to escape mounting claims that the rules caused home sellers to pay more than their fair share.