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Updated 11 months ago on . Most recent reply
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NAR Litigation - property sale submittals
I'll keep this short.
I plan on submitting claim forms for properties I've sold that fall within the "Settlement Class" as defined by the US District Courts as part of the class action suits against NAR. The definition is on page 12 of this District Court document. The full details are here: https://www.realestatecommissionlitigation.com/.
My view is that since I've paid quite a bit in commissions for millions in property value I handed off to brokers during the settlement
timeline, I should be able to get part of the estimated $12 per property that will be awarded. LOL!
Unless I am missing something, I don't see a downside to filing a claim. If you do, please post what it is.