Get Your Share of the $730 Million Settlement:
Eligibility and Claim Process:
According to TheSuns, if you sold a home in the United States with the help of a real estate broker within the last seven years, you may be eligible for a slice of a $730 million settlement. This massive payout is the result of a class-action lawsuit against American Multiple Listing Service (MLS) providers, which were accused of creating a monopoly on the real estate market and artificially inflating commission fees.
To request your share of the settlement, you’ll need to meet two basic qualifications: you must have owned and sold a property during the specified period (October 31, 2017, to July 23, 2024), and you must have paid a real estate broker commission fee as part of the process. Submitting a simple claim form is all it takes to get started. If you’re married, you and your partner should file separate claims to see how much money you’re both eligible for.
$730 Million Settlement: A Game-Changer for Homeowners
The settlement is a significant blow to major players in the industry, including Compass Inc., Real Brokerage, and Realty ONE, among others. The lawsuit was filed because MLSs were accused of violating antitrust laws by limiting competition and driving up commission fees. Now, homeowners who sold their properties during this period can receive a proportionate share of the settlement funds. Don’t miss out on this opportunity to claim your share of the $730 million pot!