Guidance on Settlement Notices

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February 23 2024

Some New Hampshire home sellers who paid a commission to a real estate agent between Feb. 1, 2020 and Feb. 1, 2024 may have recently received notice of a class action settlement in certain antitrust commission cases.

While the National Association of REALTORS is not a party to the settlement agreements mentioned in the notice, we want to provide some factual information about what the notice means. If you have clients with questions on the matter, please share this information from NAR as guidance:

  • On February 1, 2024, a nationwide notice was sent to consumers related to settlement agreements reached between RE/MAX, Keller Williams, or Anywhere and the class action plaintiffs in the BurnettMoehrl, and Nosalek cases. NAR is not involved in the proposed settlements.

  • The notice gives members of the settlement class information about how to make a claim or opt-out of the settlements if, for example, they want to bring their own lawsuits against one or more of the defendants.

  • The proposed settlements between these parties are scheduled to be considered for final approval by the US District Court for the Western District of Missouri on May 9, 2024.

  • If someone asks for more details about the RE/MAX, Keller Williams, or Anywhere settlements, or whether they should make a claim or opt out of the settlements, you could suggest that they consult an attorney. You can also refer them to the website listed on the notice for further information.

As always, updated information about NAR’s position in these and other cases can be found here.

For more information, contact New Hampshire Realtors CEO Bob Quinn:

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