October 31

Watch and Win!


Keller Williams, along with the National Association of Realtors and HomeServices of America, has been found guilty by a jury of colluding over commission rates. The verdict, reported by HousingWire, has resulted in a staggering $1.78 billion in damages against the defendants. This groundbreaking ruling came after two weeks of compelling testimony in a Kansas City courtroom, shedding light on the alleged collusion facilitated by NAR’s Clear Cooperation Policy.

While the judge in this case has yet to issue a final ruling, which is necessary to solidify the verdict, there is potential for even greater consequences. In the upcoming decision on the antitrust case, the judge has the power to triple the damages, potentially surpassing a staggering $5 billion. Additionally, the judge may also order significant policy changes to prevent such collusion in the future.

In response to this verdict, Keller Williams has made a solemn vow. “consider all options as we assess the verdict and trial record, including avenues of appeal.”

For up to date information on all real-estate news check out bargainhousenetwork.com


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