$980M Real Estate Fees Class Action Settlement

Adobe - Steheap | Updated: August 22, 2024

Claim Form Deadline: May 9, 2025

Payout: Varies

What is the Real Estate Fees Class Action About?

If you sold real estate in the United States at specified time periods in the last 10 years, you may be owed a significant payout from the nearly $1 billion real estate fees class action settlement.

A $980 million class action settlement has been settled with some of the largest real estate brokerage companies in the United States over allegations that anti-competitive business practices led to home sellers paying artificially inflated real estate broker fees, violating antitrust laws. In short, the class action lawsuits alleged that RE/MAX, Keller Williams, and Anywhere Real Estate conspired together to charge sellers more for selling their homes.

The National Association of Realtors (NAR) has come under fire in a landmark $1.8 billion court case originally filed in 2019, similar allegations were made against brokers and the association of realtors that, with use of the Multiple Listing Service, collusion and price-fixing home sale prices was conducted illegally and ended up in charging inflated agent fees and commissions. What this means for buyers and sellers is that hopefully the 6% home sale commissions might be coming to an end.

The $980 Million Settlement has been agreed upon with some of the top brokerages and real estate holding companies in the United States. The antitrust settlement fund of over $200,000,000 is split between Anywhere Real Estate, the biggest real estate brokerage franchiser in the world, RE/MAX, and Keller Williams. The breakdown of contribution to the settlement fund is as follows:

• Anywhere Real Estate: $83.5 million,
• Keller Williams: $70 million,
• Compass, Inc: $57.5 million,
• RE/MAX: $55 million.
• Real Brokerage: $9.25 million
• Realty ONE: $5 million
• @properties: $6.5 million
• Douglas Elliman: $7.75 million guaranteed (plus up to $10 million contingent)
• Redfin: $9.25 million
• Engel & Völkers: $6.9 million
• HomeSmart: $4.7 million
• United Real Estate: $3.75 million
• NAR (National Association of Realtors) Settlement: $418 million (estimated)
• HomeServices Settlement: $250 million (estimated)

According to Business Insider, Keller Williams and RE/MAX make up two of the top five real estate brokerage or holding companies in the United States by sales volume. In 2019, Keller Williams was reported to have $336.59 billion in sales volume, and RE/MAX had sales volume of $269.93 billion.

How Do I Qualify for a Payout?

The only way to get a payout from the Real Estate Seller Fees Class Action is to file a claim by the deadline of May 9, 2025. Additionally, to get a payout from the record-breaking settlement you must meet the following requirements:

• You must have listed a house that was sold on an MLS ("Multiple Listing Service"),
• The sale of the home must have been in the United States,
• You paid a real estate brokerage commission as a part of the process of selling the house,
• You must have sold a house during a qualifying date range (see table below):

Where Your Home Was Listed	Qualified Listing Date Range
Heartland MLS	April 29, 2014 to February 1, 2024
MARIS MLS	April 29, 2014 to February 1, 2024
Columbia Board of Realtors MLS	April 29, 2014 to February 1, 2024
Southern Missouri Regional MLS	April 29, 2014 to February 1, 2024
Bright MLS	March 6, 2015 to February 1, 2024
Carolina/Canopy MLS	March 6, 2015 to February 1, 2024
Triangle MLS	March 6, 2015 to February 1, 2024
Stellar MLS	March 6, 2015 to February 1, 2024
Miami MLS	March 6, 2015 to February 1, 2024
Florida Gulf Coast	March 6, 2015 to February 1, 2024
Metro MLS	March 6, 2015 to February 1, 2024
Yes MLS/MLS Now	March 6, 2015 to February 1, 2024
Columbus Realtors MLS	March 6, 2015 to February 1, 2024
Northstar MLS	March 6, 2015 to February 1, 2024
Wasatch Front/Utah Real Estate	March 6, 2015 to February 1, 2024
REcolorado/Metrolist	March 6, 2015 to February 1, 2024
Pikes Peak MLS	March 6, 2015 to February 1, 2024
GLVAR MLS	March 6, 2015 to February 1, 2024
SABOR	March 6, 2015 to February 1, 2024
ACTRIS/ABOR	March 6, 2015 to February 1, 2024
HAR MLS	March 6, 2015 to February 1, 2024
NTREIS	March 6, 2015 to February 1, 2024
ARMLS	March 6, 2015 to February 1, 2024
Realcomp II	March 6, 2015 to February 1, 2024
MLS PIN	December 17, 2016 to February 1, 2024
Any Other United States MLS	October 31, 2019 to February 1, 2024

How Do I Find Class Action Settlements?

Find all the latest class actions you can qualify for by getting notified of new lawsuits as soon as they are open to claims:

What is the MLS in Real Estate?

The "MLS" is the Multiple Listing Service. It's a complex organization that provides a vast array of services to real estate brokers by allowing the exchange of information about buyers and sellers in the real estate market space. Typical information you'll find in the MLS is the asking price, number of specific rooms, square footage, and all the other details of a property. The MLS is at the center of the real estate seller fee class action lawsuit, since it is the most widely used system by real estate brokers.

How Much Can I Get?

Each Class Member that elects to receive a Class Payment by filing a valid and timely claim form will receive a portion of the $980 million Class Action Settlement fund, after administrative, court, and legal fees are calculated out. Class action settlement payouts typically may be prorated based on the number of legitimate claims. If there are more claims filed than expected, the payout amount will be reduced per person.

How do I file a Claim?

To qualify for a payment from Real Estate Brokers Fee Class action you must submit a claim form by May 9, 2025. You can find the electronic claim form below. You can also find a paper copy to print and mail on the official settlement website below. The mailing address for the settlement is:

Burnett et al. v. The National Association of Realtors et al.
c/o JND Legal Administration
PO Box 91479
Seattle, WA 98111

Claim Form Website: RealEstateCommissionLitigation.com

Submit Claim - Without ID

Submit Claim - If You Received Notice ID

Filing Class Action Settlement Claims

Please note that your claim form will be rejected if you submit a settlement claim for payout with any fraudulent information. By providing this information and your sworn statement of its veracity, you agree to do so under the penalty of perjury. You would also be harming others that actually qualify for the class action settlement. If you are not sure whether or not you qualify for this class action settlement, visit the class action administrator's website below. OpenClassActions.com is only providing information and is not a class action administrator or a law firm. OpenClassActions is a participant in the Amazon affiliate advertising program and this post may contain affiliate links, which means we may earn a commission or fees if you make a purchase via those links.

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