US Home Buyers Receiving Cash From $120,330,000 MLS Commission Settlement
US home buyers can claim cash from a $120.33 million settlement regarding inflated real estate commissions.Summary
A major class action settlement has been proposed involving the National Association of REALTORS and several brokerage firms, totaling $120.33 million. The lawsuit alleges that anticompetitive practices and rules requiring sellers to offer buyer broker compensation through Multiple Listing Services (MLS) artificially inflated commissions and increased costs for home buyers across the United States.
The settlement specifically covers individuals who purchased homes listed on an MLS anywhere in the U.S. where a commission was paid, while home sellers are excluded from the payout. Eligible class members can submit claims via mail or online until October 27, 2026, to receive a pro rata share of the settlement fund. A final fairness hearing is scheduled for November 2, 2026.
Although the defendants deny any violation of the law, they have agreed to this resolution to avoid the costs and uncertainties of further litigation.
(Source：The Daily Hodl)