The plaintiffs allege that the National Association of Realtors' Participation Rule has led to elevated commission rates, harming home buyers by increasing overall transaction costs.
The conspiracy outlined in the lawsuit enables brokers to fix and maintain buyer-agent compensation at artificially high levels, reducing competition and causing home buyers to pay more.
The amended complaint expanded the initial case from a single plaintiff to 25, highlighting widespread issues with high commission rates affecting home buyers across multiple states.
Collection
[
|
...
]