Keller Williams’ $70M Pact In Sellers’ Commissions Case Preliminarily Approved

(February 5, 2024, 12:11 PM EST) -- KANSAS CITY, Mo. — A $70 million settlement proposed by Keller Williams Realty Inc. in a class case by home sellers in which a federal jury in Missouri found that the National Association of Realtors (NAR) and real estate franchisors engaged in a commission conspiracy in violation of Section 1 of the Sherman Act was granted preliminary approval by a federal judge in Missouri; on the same day, a joint motion to stay in light of the settlement was filed in a parallel action in a federal court in Illinois....