To settle claims that real estate agents and the National Association of Realtors (NAR) colluded to inflate commission fees in violation of antitrust rules, a historic $1 billion settlement was done in 2025. For homeowners who sold their homes between 2014 and 2024, this settlement presents a significant opportunity.
You may get Real Estate Commission Settlement 2025 Eligible if you sold a house during this time and gave a commission to a real estate firm. A number of brokers and agents were charged with breaking antitrust laws by banding together to artificially raise charges, according to the class action cases, which were referred to as “real estate commission litigation.” When selling their houses, consumers say they were compelled to pay exorbitant charges because of this purported anti-competitive arrangement.
Real Estate Commission Settlement 2025
In yet another legal milestone, homeowners nationwide may now be eligible for payment from a $730 million settlement fund. This settlement fund’s uptake follows a number of class-action lawsuits against the top real estate brokerage firms, including accusations that they engaged in anticompetitive behavior to raise commission prices.
Therefore, this page provides detailed information on what is included in the settlement, who is eligible, and how to apply for your share if you sold any of your residences between late 2017 and mid-2024. Collective agreements totaling over $730 million resulting from allegedly inflated commissions provide this chance for economic recompense. Recent commission agreements for real estate span a range of brokerage companies and certain qualifying dates.
What is Real Estate Commission Settlement?
These, along with a number of class-action cases known as “the real estate commission litigation,” featured claims that a number of significant real estate brokerages conspired to set commission rates that were unreasonably high in violation of federal antitrust laws. The companies implicated in these activities have agreed to well-known settlements in order to avoid further costly litigation since they have not acknowledged any wrongdoing.
The companies involved in this settlement include Douglas Elliman, Redfin, Engel & Völkers, United Real Estate, Compass Inc., Real Brokerage, Realty ONE, and @Properties. These settlements, which total more than $730 million, are a huge victory for homeowners who were allegedly overcharged by commission fees.
Who Is Eligible to File a Claim?
- The following requirements must be met in order for you to be eligible for a settlement share. In the period from October 31, 2017, to July 23, 2024, you sold a residential residence. At the time of the sale, you need to have paid a commission to a real estate agency, and it had to be listed on a MLS.
- It is important to note that this does not imply that you used a certain brokerage for the settlement.
Process to File a Claim and get compensation
- The process to get your share of the settlement is simple if you think you are eligible for this money. Gather the paperwork associated with the selling of your house first. These might be commission breakdowns or closing statements that list the date of sale and the fees paid.
- Next, visit the settlement’s official website and complete a claim form via RealEstateCommissionLitigation.com. You must upload all of the documents that attest to your eligibility and complete the sale-related information.
- Make sure to submit your claim by May 9, 2025, the officially designated deadline. This is the last day when claims will be considered.
Important Dates under this settlement
- Exclusion & objection- Deadline: October 3, 2024.
- Date of the court’s final approval hearing to decide whether to approve the proposed settlement: October 31, 2024.
- Last date to file a valid claim: May 9, 2025
Distribution of Settlement Payment
After all legitimate claims have been filed and confirmed, the money will be disbursed pro rata. The number of legitimate claims filed will determine how much money a claimant receives; the more claims made during a property sale, the lower the compensation per claimant. Because of the huge number of claims, compensation often fluctuate. However, the goal is to provide all worthy participants with fair amounts of cash compensation. The payments are divided out as follows:
- Compass Inc.: $57.5 million
- Real Brokerage: $9.25 million
- Realty ONE: $5 million
- @Properties: $6.5 million
- Douglas Elliman: USD 7.75 million plus up to an additional USD 10 million in CP
- Redfin: $9.25 million
- Engel & Völkers: $6.9 million
- HomeSmart: $4.7 million
- United Real Estate: $3.75 million
Impact of this Settlement
An important turning point in the real estate industry’s dedication to transparency and equity is this court decision. In an effort to protect customers from excessive costs, the lawsuits have significantly challenged established commission arrangements.
Many homeowners see this as more than simply a legal victory; it is compensation for the thousands of dollars they lost due to deceptive commission tactics. Therefore, the long-term repercussions may influence a shift in the way brokers and agents charge.
Anyone who registered their house on an MLS, paid a brokerage commission, and sold their home between October 2017 and July 2024 is probably eligible to get a share of the $730 million settlement. Collect your supporting documentation, adhere to deadlines, and submit your claim to ensure your payment. This is a great chance to get your money back for expenses you might not have thought were very high.
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Samarth Choudhary is a Chief Editor at keralacobank.com. He has overall editorial experience of 10 years in online media. He has completed his graduation from University of California and masters in Finance from University of Dallas in year 2010. His major interest and expertise is in Finance, Taxes, Government Aid and Schemes. His Major focus is to help users to get relevant information which are published on keralacobank.com in easy and precise form.