Jury Orders Realtor Group to Pay $1.8 Billion for Allegedly Inflating Commissions

A jury in Missouri found the National Association of Realtors (NAR) liable for nearly $1.8 billion in damages for inflating commissions.

The lawsuit covered home sales between April 2015 to June 2022. The jury deliberated for just a few hours before reaching the decision.

NAR plans to appeal the liability finding, arguing their rules serve consumers' best interests and support competition.

The appeals process could take up to 3 years, with the losing side likely trying for a retrial.

A new class action lawsuit was filed against real estate companies like Compass, Douglas Elliman, and Redfin for alleged antitrust violations.