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MLS/Broker Settlement

Posted on 8/17/24 at 1:27 pm
Posted by LemmyLives
Texas
Member since Mar 2019
10262 posts
Posted on 8/17/24 at 1:27 pm
So there is $980M in the MLS/Broker settlement. If you (the seller) paid any buyer's agent fees in the last seven years, you probably qualify. Since the operational change to how buyer's agents are paid became effective this week, I went ahead and filed a claim today.

Has anyone else filed or gotten any communication post filing? There's no discussion of it here or on Money, which I find odd. I paid tens of thousands in Dec 22 when I sold, and I'm curious whether it will be a 5k payout or something like 60% of buyer agent fees, etc.

And just in case y'all don't scroll all the way to the bottom, note:
quote:

Additionally, you do not need to have sold your home using an Anywhere, RE/MAX, Keller Williams, Compass, Real Brokerage, Realty ONE, @properties, Douglas Elliman, Redfin, Engel & Völkers, HomeSmart, United Real Estate, or HomeServices agent to make a claim.
Posted by Shoalwater Cat
Pville
Member since Dec 2017
762 posts
Posted on 8/18/24 at 2:35 pm to
At this point in time..$312 each ....
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