The class action lawsuit filed by James Lutz alleges that HomeServices and other members of the National Association of Realtors fixed commissions, which deceived buyers and led to buyers paying higher prices for homes. In a new twist on commission lawsuits, a class action lawsuit was filed against HomeServices of America in Florida by homebuyers who claim that fixed commissions misled buyers into paying inflated prices. Another similar case, Batton 1, was filed in Illinois against the firm by homebuyers, but HomeServices was removed from the case due to lack of jurisdiction. The lawsuit seeks class-action status for buyers who purchased MLS-listed homes since December 1, 1996. HomeServices has denied any wrongdoing and argued that the damages alleged are inconsistent with previous cases. The lawsuit also challenges NAR’s Free Service Rule, which was eliminated in 2022. If you want to learn more, reach out to Lillian Dickerson via email.
The class action lawsuit filed by James Lutz alleges that HomeServices and other members of the National Association of Realtors fixed commissions, leading to inflated home prices for buyers. The lawsuit seeks class-action status and claims that buyers have been paying excessive fees for services offered by real estate agents. HomeServices has denied any wrongdoing and argues that the alleged damages contradict previous case results. The lawsuit also calls out NAR’s “Free Service Rule,” which was eliminated in 2022, prohibiting agents from claiming their services are free. The outcome of the lawsuit could potentially impact the real estate industry and change how commissions are structured for buyers.
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