Opt-in MLSs, brokerages seek preliminary approval of commission suit settlements
Briefly

from www.housingwire.com4 months ago
The plaintiffs in the Sitzer/Burnett suit have filed an unopposed motion seeking preliminary approval for settlements with 13 brokerages and 15 non-Realtor-owned MLSs regarding commission lawsuits, in accordance with the NAR settlement agreement.
www.housingwire.comhttps://www.housingwire.com/articles/opt-in-mlss-brokerages-seek-preliminary-approval-of-commission-suit-settlements/
The participating brokerages and MLSs are set to contribute an additional $30.6 million to the settlement fund, with contributions determined from NAR's settlement formula or internal financial reviews.
www.housingwire.comhttps://www.housingwire.com/articles/opt-in-mlss-brokerages-seek-preliminary-approval-of-commission-suit-settlements/
Read at www.housingwire.com
#nar-settlement #commission-lawsuits #brokerages #mls-contributions
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