The total settlement amount up for approval on Tuesday comes in at roughly $700 million, which includes significant contributions from NAR and HomeServices.
Attorneys believe they were able to reach 99% of settlement class members, as nearly 500,000 people had submitted claims by last week.
If Bough's ruling is consistent with prior rulings, plaintiffs' attorneys will receive roughly $233 million of the total $700 million settlement.
Eligible home sellers have until May 2025 to file claims, providing ample time for those affected to participate in this substantial settlement.
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