The $110M Real Estate Broker Commission Class Action Settlement has been approved, offering compensation to eligible homeowners who sold their properties through a Multiple Listing Service (MLS) and paid a real estate broker commission. This settlement arises from allegations that real estate brokers conspired to inflate commission fees unfairly. This article provides a complete overview of the Real Estate Commission Litigation, including Real Estate Broker Commission Class Action Settlement Eligibility, Real Estate Class Action Settlement claim deadlines, and Real Estate Broker Commission Class Action Settlement compensation details.
$110M Real Estate Broker Commission Settlement: Overview
| Title | $110M Real Estate Broker Commission Class Action Settlement |
| Region | United States |
| Reason of Real Estate Broker Commission Class Action Settlement | Alleged inflated commission fees in real estate transactions |
| Case Name | Gibson, et al. v. National Association of Realtors, et al. |
| Real Estate Broker Commission Class Action Settlement Eligibility | Homeowners who sold a home through MLS between Oct. 31, 2017, and July 23, 2024, and paid a real estate broker commission |
| Total Settlement Amount | Over $110 million |
| Exclusion & Objection Deadline | Oct. 3, 2024 |
| Claim Form Deadline | May 9, 2025 |
| Final Hearing Date | Oct. 31, 2024 |
| Required Documents for Real Estate Broker Commission Class Action Settlement | Proof of home sale (closing documents) and real estate commission fees paid |
| Settlement Website | RealEstateCommissionLitigation.com |
Understanding Real Estate Broker Commission Settlement
The Real Estate Commission Litigation was filed against multiple real estate brokerage firms accused of violating antitrust laws. Plaintiffs argue that brokers engaged in anti-competitive practices, resulting in artificially inflated commission fees.
To resolve the allegations, major brokerage companies have agreed to a settlement, totaling over $110 million, to compensate affected homeowners. Class members who meet the eligibility criteria may claim their share from the settlement fund.
Real Estate Broker Commission Settlement Potential Rewards
Under the terms of the Real Estate Broker Commission Class Action Settlement, class members may receive:
- A proportional share of the settlement fund based on their commission payments.
- Direct cash compensation as part of the litigation outcome.
- Additional payouts, depending on claim volumes and settlement fund distribution.
Breakdown of Settlement Payments by Real Estate Brokers
Several real estate brokerage firms have contributed to the Real Estate Broker Commission Class Action Settlement fund:
- Compass Inc. – $57.5 million
- Real Brokerage – $9.25 million
- Realty ONE – $5 million
- @Properties – $6.5 million
- Douglas Elliman – $7.75 million (plus up to $10 million in contingent payments)
- Redfin – $9.25 million
- Engel & Völkers – $6.9 million
- HomeSmart – $4.7 million
- United Real Estate – $3.75 million
The combined settlements from these and other defendants exceed $730 million.
Real Estate Broker Commission Class Action Settlement Eligibility
You may qualify for the Real Estate Broker Commission Class Action Settlement if you meet these criteria:
- Sold a home during the eligible period (Oct. 31, 2017 – July 23, 2024).
- Listed the home on a Multiple Listing Service (MLS) anywhere in the United States.
- Paid a commission to a real estate brokerage during the sale.
To check if your home sale qualifies, visit the settlement website.
How to File a Claim for the Real Estate Commission Settlement
To claim Real Estate Broker Commission Class Action Settlement compensation, follow these steps:
- Visit the RealEstateCommissionLitigation.com.
- Click on the “Submit Real Estate Broker Commission Class Action Settlement Claim” option.
- Fill out the required details.
- Upload essential documents, including:
- Proof of home sale date (closing documents).
- Proof of commission payment to a real estate broker.
- Submit the claim form before the May 9, 2025 deadline.
Important Deadlines for Real Estate Commission Class Action Lawsuit Settlement
| Event | Date |
| Exclusion & Objection Deadline | 3rd Oct. 2024 |
| Final Approval Hearing | 31st Oct. 2024 |
| Claim Submission Deadline | 9th May 2025 |
Final Thoughts
The $110M Real Estate Broker Commission Class Action Settlement provides relief to homeowners affected by allegedly inflated commission fees. If you sold a home through MLS and paid a real estate broker commission between October 31, 2017, and July 23, 2024, you may be entitled to compensation. Ensure you submit your claim before the May 9, 2025 deadline to receive your share of the settlement.
For further details, visit the official settlement website and review the eligibility criteria carefully.