U.S. Judge Rules That Home Buyers Can Sue Brokerages Over Real Estate Commissions

The National Association of Realtors and several corporate home brokerages must face a proposed class action lawsuit from home buyers who accuse them of conspiring to artificially inflate real estate commissions, a U.S. judge in Chicago has ruled.

U.S. District Judge Andrea Wood on Tuesday declined to dismiss claims that the realtors association, Keller Williams, Re/Max and others violated U.S. antitrust law by pushing up the cost of homes for sale across the country.

The proposed class of home buyers in 35 states including Florida, Nevada, Tennessee and Massachusetts seeks unspecified monetary damages under a combination of antitrust and consumer protection laws.

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