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Jury Finds Realtors Conspired to Keep Commissions High, Awards Nearly $1.8 Billion in Damages

Jury Finds Realtors Conspired to Keep Commissions High, Awards Nearly $1.8 Billion in Damages

The verdict, which hands a loss to brokerages and an industry trade association, could upend the home-sale industry.

The Wall Street Journal The Wall Street Journal | Go to detail of news source

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The Wall Street Journal A federal jury found the National Association of Realtors and large residential brokerages liable for about $1.8 billion in damages after determining they conspired to keep commissions for home sales artificially high. A federal jury found the National Association of Realtors and large residential brokerages liable for about $1.8 billion in damages after determining they conspired to keep commissions for home sales artificially high.
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