Keller Williams, a major real estate brokerage, settles lawsuits over real estate agent commissions for $70M, agreeing to increase transparency.

Keller Williams, a major real estate brokerage, has agreed to settle a series of lawsuits over real estate agent commissions for $70 million. In addition to the monetary settlement, Keller Williams will also be required to take steps to increase transparency around commissions paid to real estate agents for homebuyers and sellers. This is a significant victory for homeowners and homebuyers, who have claimed that large real estate brokerages have engaged in practices that force them to pay artificially inflated agent commissions when selling their homes.

February 02, 2024
34 Articles

Further Reading