Realtor Groups Found Guilty of Price Fixing, Ordered to Pay $1.8 Billion in Damages

Jury finds National Association of Realtors and brokerages liable for $1.8 billion in damages for conspiring to keep commissions high

Lawsuit covered home sales from April 2015 to June 2022

Groups found guilty plan to appeal the verdict and damages amount

Plaintiff attorney files new class action lawsuit against Douglas Elliman, Compass and Redfin right after verdict

Outcome does not necessarily mean an end to buyer commissions, as judge must still decide scope of injunction