Four retired federal judges are formally protesting the procedure by which the National Association of Realtors® (NAR) and other big brokerages, including Anywhere, settled the buyer commission cases, saying that the practice will encourage “forum-shopping” by class-action defendants.  In a 22-page letter, known as an amicus curiae brief, Diane Wood, David Coar, G. Patrick Murphy…

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A federal judge in Chicago has granted preliminary approval to settlement agreements with more than 20 real estate companies in a major antitrust lawsuit filed by recent homebuyers challenging commission practices in the residential real estate market.  On May 26, U.S. District Judge Lindsay C. Jenkins approved opt-in agreements in the case Tuccori v. At…

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