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$120M NAR real estate commission class action settlement

$120M NAR real estate commission class action settlement

On Friday, April 10 the National Association of REALTORS® (NAR) announced a settlement agreement in a homebuyer antitrust class-action case, Tuccori et al. v. At World Properties, et al.

You may have heard about the 2023 Sitzer-Burnett case and the NAR settlement that followed. The landmark litigation brought on behalf of home sellers that helped reshape how real estate commissions are negotiated and disclosed. This latest $120.3 million settlement has been reached in litigation involving claims brought on behalf of home buyers. If you purchased a home in California listed on an MLS between January 25, 2017 through January 25, 2026 and paid a brokerage commission, you may be eligible to receive a portion of the settlement.

The settlement fund is $120,334,500, but individual payments will depend on the number of valid claims and other factors, including the properties purchased and commissions paid. Based on number of eligible claimants, the payout could be anywhere between $40-$100. Payments are also expected to be distributed over several years, rather than as one immediate check.

The deadline to file a claim is October 27, 2026.

For more information or to file a claim visit https://homebuyersettlement.com/en.  You’ll need to submit a claim and provide documentation supporting your home purchase, such as a closing or settlement statement.

The real estate industry has spent the last few years rethinking how buyer-agent compensation works. In its press release, NAR stated: 

We sought this settlement to secure meaningful protections for our members and the industry. We moved decisively to resolve these claims in a way that avoids significant potential liability and positions NAR more effectively going forward, ensuring our members can continue unlocking the American Dream for generations to come.

While the rules may change, the importance of having an advocate through the transaction has not. If you purchased a home during the applicable period, we’d be happy to help you take a closer look. 

Information here is for general awareness only and is not legal advice. For eligibility and claim instructions, visit the official settlement website.

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