NAR hit with $41B Antitrust Commission Lawsuit!?

[Jonn Vidal]

www.costar.com/article/249461865/jury-finds-brokers-conspire...

A jury in Kansas City awarded almost $1.8 billion in reimbursements to Missouri home sellers who accused the National Association of Realtors and some residential real estate brokerages of unnecessarily driving up the cost of home sales because of their long-running practice of buyer and seller agents splitting commissions.

The more than $1.78 billion awarded by the jury will be trebled, or effectively tripled, so the damages total almost $5.4 billion, pending appeals. Two defendants said they plan to appeal while another is considering doing so.