financetom
Business
financetom
/
Business
/
Home brokerages Compass, Redfin and others must face buyers' price-fixing lawsuit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Home brokerages Compass, Redfin and others must face buyers' price-fixing lawsuit
Mar 25, 2026 9:48 AM

WASHINGTON, March 25 (Reuters) - Major U.S. home real

estate brokerages Compass, eXp, Redfin and two

others must face a lawsuit by buyers accusing them of conspiring

to fix commissions and inflate home prices, a federal judge

ruled on Tuesday.

In her order, U.S. District Judge LaShonda Hunt in Chicago

allowed most of the claims brought by 32 homebuyers to proceed

against the brokerages, which also include Weichert Realtors,

and United Real Estate Group.

The plaintiffs, seeking to represent at least thousands of home

buyers in a class action, contend that sellers are inflating

home prices to offset the cost of commissions that the

defendants require buyers to pay their agents, driving up the

overall cost of buying a home.

Redfin in a statement said its goal is to save consumers in

real estate fees and "there is a complete disconnect between our

business model and the plaintiffs' senseless claims in this

case."

Compass, eXp, Weichert and United Real Estate did not

immediately respond to requests for comment. The companies have

denied any wrongdoing.

Lead attorneys for the buyers also did not immediately

respond to requests for comment.

Hunt found the plaintiffs had plausibly alleged the

companies were conspiring on commission requirements and were

not independently following industry rules.

She also dismissed or trimmed some antitrust claims under

the laws of Florida, Missouri, Tennessee and other states.

In February, U.S. real estate brokerage Keller Williams

agreed to pay $20 million to settle claims against it in the

lawsuit. Keller Williams, which markets itself as the largest

real estate franchise by agent count, also said it would

cooperate with the buyers.

The National Association of Realtors and some major brokerages

have been hit with separate antitrust lawsuits by home sellers

claiming damages in connection with commission fees. Many of

those cases have resulted in settlements totaling hundreds of

millions of dollars. The trade association denied any wrongdoing

in that settlement.

The case is Mya Batton et al v. Compass et al, U.S. District

Court for the Northern District of Illinois, No. 1:23-cv-15618.

For plaintiffs: George Zelcs and Randall Ewing Jr of Korein

Tillery, and Vincent Briganti of Lowey Dannenberg

For Compass: Chahira Solh and Sima Namiri-Kalantari of

Crowell & Moring

For eXp: James Morsch and Francis Riley III of Saul Ewing

For Redfin: Gerald Stein and Robert Maguire of Davis Wright

Tremaine

For Weichert: Dylan Ballard and Adam Hudes of Vinson &

Elkins

For United Real Estate: James Lawrence and Lindsay Sklar

Johnson of Bryan Cave Leighton Paisner

Read more:

Compass dismisses lawsuit against Zillow ( ZG ) after 'Zillow ( ZG ) ban'

ends

Home brokerage Keller Williams to settle homebuyer class

action for $20 million

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances
Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances
Oct 11, 2024
(Reuters) -U.S. planemaker Boeing ( BA ) will cut 17,000 jobs, or 10% of its global workforce, delay first delivery of its 777X jet by a year and expects substantial new losses in its defense business as a month-long strike batters company finances, CEO Kelly Ortberg said on Friday. Ortberg said in a message to employees that the company must...
Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances
Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances
Oct 11, 2024
Oct 11 (Reuters) - Boeing ( BA ) will cut 17,000 jobs, or 10% of its global workforce, delay first delivery of its 777X jet by a year and expects substantial new losses in its defense business as a month-long strike batters company finances, CEO Kelly Ortberg said on Friday. Ortberg said in a message to employees that the company...
Innocan Pharma's LPT-CBD Shows Success in Relieving Osteoarthritis Pain in Dogs
Innocan Pharma's LPT-CBD Shows Success in Relieving Osteoarthritis Pain in Dogs
Oct 11, 2024
04:29 PM EDT, 10/11/2024 (MT Newswires) -- Innocan Pharma ( INNPF ) on Friday said results were promising from a multi-year compassionate therapy using repeated liposomal-CBD (LPT-CBD) injections for pain relief in dogs with naturally-occurring osteoarthritis. The company said therapy consistently demonstrated pain reduction and improved mobility, with effects lasting for several weeks after each injection as expected. These results...
Market Chatter: WideOpenWest Nearing Deal to Raise $200 Million in New Funding From Lenders
Market Chatter: WideOpenWest Nearing Deal to Raise $200 Million in New Funding From Lenders
Oct 11, 2024
04:28 PM EDT, 10/11/2024 (MT Newswires) -- WideOpenWest ( WOW ) is close to finalizing a deal with lenders to raise around $200 million in new funding and to renegotiate its overall debt profile, Bloomberg reported on Friday, citing people familiar with the situation. The new debt would rate above the cable operator's existing debt, the sources reportedly said, adding...
Copyright 2023-2026 - www.financetom.com All Rights Reserved