Justice Catalyst Law, alongside Cohen Milstein, Hagens Berman, Handley Farah & Anderson, Wright Marsh & Levy, and Teske Katz, filed a putative class action against the National Association of Realtors (NAR) and four national real estate brokerages for conspiring to require home sellers to pay for buyers’ brokers at an inflated commission well above a competitive level in violation of federal antitrust law. The suit alleges that the defendants’ conspiracy has centered around NAR’s adoption and implementation of a mandatory rule that requires all brokers to make a blanket, non-negotiable offer of buyer broker compensation when listing a property on a MLS. Read the news coverage here: Forbes, Fox Business [watch].
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Justice Catalyst Law Files Lawsuit Alleging Conspiracy Among Realtors
Justice Catalyst Law, alongside Cohen Milstein, Hagens Berman, Handley Farah & Anderson, Wright Marsh & Levy, and Teske Katz, filed a putative class action on March 6, 2019 against the National Association of Realtors (NAR) and four national real estate
Press on Justice Catalyst Law Case: The internet didn’t shrink 6% real estate commissions. But this lawsuit might
Press cross-posted from CNN on Justice Catalyst Law's case against the National Association of Realtors.
Press on Justice Catalyst Law Case: Lawsuit Over Who Should Pay Buyer's Agent Could Upend Housing Market
(Cross-posted from The Washington Post) The long knives are out again for one of American real estate’s oldest and most controversial traditions: requiring home sellers to pay the agents who represent the buyers of their properties. A landmark suit filed