A Missouri jury on Tuesday found the National Association of Realtors and some brokerages are liable for nearly $1.8 billion in damages in a anti-trust lawsuit.
FILE – Two people stand outside of a home for sale. liable for nearly $1.8 billionA federal jury found the real estate industry trade group guilty of conspiring to keep commissions for home sales artificially high,
. The case involved claims by home sellers in midwestern states covering home sales between April 2015 and June 2022.The National Association of Realtors said it plans to appeal the verdict and ask the court to reduce damages awarded.The group of brokerages also found liable includes HomeServices of America and two subsidiaries, and Keller Williams Realty.
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