National Association of Realtors Facing Midwest Home Seller Class Action Over Broker Fees

image of cardboard house with keys and a purchase documentMidwest home sellers may now be eligible to participate in a class action that was recently certified in a federal lawsuit in Kansas City. Originally filed in 2019, the lawsuit alleges that home sellers in Missouri who used the Multiple Listing Service system were unfairly required to pay commissions to brokers representing home buyers. Along with the National Association of Realtors (NAR), four broker franchisors, including Realogy Holdings Corp., HomeServices of America, Inc., RE/MAX Holdings, Inc., and Keller Williams Realty, Inc. are also named as defendants.

The allegations are that real estate brokerages and NAR conspired to force home sellers into paying broker fees with inflated amounts to those brokers representing home buyers. The suit alleges this is in violation of federal and Missouri antitrust laws as well as Missouri Merchandising Practices Act.

This blog is intended to provide information to the general public and to practitioners about developments that may impact Oregon class actions.

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Steve Larson

An experienced trial lawyer who handles both hourly and contingent fee cases, Steve has expertise in class actions, environmental clean-up litigation, antitrust litigation, securities litigation, corporate disputes, intellectual property disputes, unfair competition claims, and disputes involving family wealth. Steve regularly represents individuals and businesses in federal and state court and has obtained class-wide recovery in multiple class actions. A veteran practitioner, Steve’s clients value his creative approach to resolving complex litigation matters.


Legal Disclaimer

The information contained in this blog does not constitute legal advice, and does not create an attorney-client relationship. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this blog.