Anywhere settles in Moehlr Class Action Antitrust Law Suit…$83.5 Million

$83.5 Million…first shoe to drop.

Case Description:

Moehlr v.National Association of REALTORS, et al

The Moehrl antitrust case against the National Association of Realtors (NAR) is an antitrust class action against the NAR and the four largest national real estate broker franchisors, Realogy Holdings Corp., HomeServices of America, Inc., RE/MAX Holdings, Inc., and Keller Williams Realty, Inc. The lawsuit claims that NAR conspired with four major franchisors to inflate commissions through its MLS policy. On March 29, 2023, the Honorable Andrea R. Wood of the United States District Court for the Northern District granted class certification to two classes, specifically the damages and injunctive relief classes in this antitrust class action against the National Association of Realtors and the four largest national real estate broker franchisors for allegedly conspiring to require home sellers to pay the broker representing the buyer of their homes, and to pay at an inflated amount, in violation of federal antitrust law.

Cohen Milstein Interim Co-Lead Class Counsel was appointed by the court on May 30, 20201. The U.S. Department of Justice filed a statement of interest in this lawsuit on October 10, 20191.

Defendants

The defendants are the National Association of Realtors, Anywhere Real Estate, Keller Williams, RE/MAX, HomeServices of America, and several other real estate brokerage firms.

MLSs covered in this action:

Plaintiff brings this lawsuit as a class action on behalf of home sellers who

paid a broker commission in the last four years in connection with the sale of residential real estate listed on one of the following MLSs (the “Covered MLSs”):

• The Bright MLS (including the metropolitan areas of Baltimore, Maryland; Philadelphia, Pennsylvania; Richmond, Virginia; Washington, D.C.);

• My Florida Regional MLS (including the metropolitan areas of Tampa, Orlando, and Sarasota);

• The five MLSs in the Mid-West that cover the following metropolitan areas: Cleveland, Ohio; Columbus, Ohio; Detroit, Michigan; Milwaukee, Wisconsin; Minneapolis, Minnesota;

• The six MLSs in the Southwest that cover the following metropolitan areas: Austin, Texas; Dallas, Texas; Houston, Texas; Las Vegas, Nevada; Phoenix, Arizona; San Antonio Texas;

• The three MLSs in the Mountain West that cover the following metropolitan areas: Colorado Springs, Colorado; Denver, Colorado; Salt Lake City, Utah;

• The four MLSs in the Southeast that cover the following metropolitan areas: Fort Myers, Florida; Miami, Florida; Charlotte, North Carolina; and Raleigh, North Carolina.

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