Missouri jury hits NAR, real estate companies with $1.8 bln in damages

Re/Max Holdings

31/10/2023 18:49

Oct 31 (Reuters) - A U.S. jury in Missouri on Tuesday
said the National Association of Realtors and several real
estate companies together owe more than $1.7 billion in class
action damages, finding they conspired to artificially drive up
the commission that home sellers pay to buyers' brokers.

 (Reporting by Tom Hals in Wilmington, Delaware; Editing by
Chizu Nomiyama)
 ((thomas.hals@thomsonreuters.com; +1 610 544 2712; Reuters
Messaging: thomas.hals.thomsonreuters.com@reuters.net))