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https://www.wsj.com/real-estate/national-association-realtors-crisis-lawsuits-home-buyers-6030e372


REALTORS ARE IN CRISIS—AND HOME BUYERS COULD BE THE WINNERS


A WAVE OF LAWSUITS OVER FEES PAID TO AGENTS HAS PUT THE GIANT TRADE ASSOCIATION
ON THE DEFENSE; ‘IT GOT ARROGANT’


Single-family homes in Carpinteria, Calif. Angela Owens/The Wall Street Journal
By Laura Kusisto

and Nicole Friedman

Feb. 16, 2024 5:30 am ET
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(2 minutes)



The National Association of Realtors appeared to hit rock bottom in October when
a Kansas City jury delivered a $1.8 billion verdict, finding that the industry
kept home-sales fees artificially high. But the existential threat to the
powerful trade group was about to get worse.

Copycat lawsuits have been filed around the nation. Dozens of real-estate
brokerages are now defendants. Federal regulators are scrutinizing the industry
more closely than they have in years. 

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