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For anyone who believes it’s homebuyers, not sellers, that bring money to the table at the end of a deal, at least one buyer backed by two law firms agrees with you.
On Jan. 25, Englewood, New Jersey resident Judah Leeder, who purchased a home on Oct. 28, 2020, filed an antitrust lawsuit against the National Association of Realtors and real estate franchisors Realogy, Keller Williams, RE/MAX, HomeServices of America and HomesServices subsidiaries BHH Affiliates, HSF Affiliates and the Long & Foster Companies.
The new suit sits in stark contrast to three homeseller lawsuits that allege commission sharing between cooperating brokers inflates seller costs.