NAR last year settled a class action lawsuit in which the complainants alleged that industry practices led to excessive fees.

Crye-Leike had $7 billion in sales volume in 2022, according to RealTrends, but the company claims the entity named in the Gibson suit did only $1.75 billion.

No date was given for when all notices would be sent. The settlement ended litigation that began in 2013 when a class-action ...

The early declines in buyer commission rates suggested that the NAR Settlement might push these rates downward, aligning with predictions from industry analysts and legal professionals.