In a motion filed in Illinois federal court, the Chicago-based realtor organization said the requirement that a seller’s broker offer compensation to a buyer’s broker has “repeatedly been upheld by the courts.”
A group of individual home sellers filed the lawsuit earlier this year against the NAR, Realogy Holdings, HomeServices of America, RE/MAX and Keller Williams Realty. The lawsuit claims that “home sellers have been forced to pay commissions to buyer brokers—their adversaries in negotiations to sell their homes—thereby substantially inflating the cost of selling their homes.”
