Real Estate Commission Settlement 2025: Steps to Claim Your Share of the $730 Million Fund

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Real Estate Commission Settlement 2025

Real Estate Commission Settlement 2025: Home sellers across the United States may be eligible for compensation from the $730 million real estate commission settlement. This legal agreement resulted from a lawsuit alleging that several major real estate firms charged inflated commission fees, violating antitrust laws. The settlement covers individuals who sold homes between October 31, 2017, and July 23, 2024, and paid commission fees to brokers during their transactions.

This article explains who qualifies for a settlement payment, the expected compensation amounts, the required documents, and how to file a claim before the deadline.

Overview of the Real Estate Commission Settlement 2025

Key InformationDetails
Total Settlement Amount$730 million
Eligibility PeriodOctober 31, 2017, to July 23, 2024
Eligible Home SalesListed on a Multiple Listing Service (MLS) in the United States
Deadline to File a ClaimMay 9, 2025
Final Court Approval DateOctober 31, 2024
Settlement WebsiteRealEstateCommissionLitigation.com

Background of the Real Estate Commission Settlement

The lawsuit, officially titled Gibson, et al. v. National Association of Realtors, et al., accused several real estate companies of working together to maintain high commission rates. According to the plaintiffs, these practices limited competition and forced home sellers to pay standard commissions, typically between 5% and 6%. The lawsuit argued that sellers had little opportunity to negotiate lower fees, leading to higher costs during home sales.

The settlement allows eligible home sellers to claim compensation for commissions paid during the specified period. While the companies involved have not admitted wrongdoing, they agreed to settle the case to resolve the legal dispute and compensate those affected.

Companies Involved and Settlement Amounts

Several real estate firms are part of the settlement, contributing to the overall $730 million fund. The companies and their contributions are listed below:

CompanySettlement Amount
Compass Inc.$57.5 million
Real Brokerage$9.25 million
Realty ONE$5 million
@Properties (At World Properties)$6.5 million
Douglas Elliman$7.75 million (+$10 million contingent)
Redfin$9.25 million
Engel & Völkers$6.9 million
HomeSmart$4.7 million
United Real Estate$3.75 million

Who Qualifies for a Settlement Payment?

To qualify for compensation from the settlement, individuals must meet the following criteria:

  • They sold a home between October 31, 2017, and July 23, 2024.
  • The home was listed on a Multiple Listing Service (MLS) within the United States.
  • A commission fee was paid to a real estate brokerage during the transaction.

Home sellers who sold more than one property during this period can file separate claims for each eligible transaction, as long as commission fees were paid for each sale.

Required Documents for Filing a Claim

Claimants must provide documents that verify their eligibility, including:

  • Closing statements that confirm the date of the home sale.
  • Proof of the commission fee paid to the real estate broker.

Claims submitted without these documents may be subject to additional verification or denial.

How Much Compensation Can You Expect?

The exact compensation amount will depend on the number of claims filed, the commission fees paid, and the proportional distribution of the settlement funds. While specific refund amounts have not been determined, estimates suggest that eligible home sellers could receive between 10% and 20% of the commission fees they paid.

For example:

  • A home sold for $400,000 with a 5% commission fee ($20,000) could result in a refund between $2,000 and $4,000.

The final payment amounts will be determined after all claims are reviewed and approved.

How to File a Claim

Follow these steps to file a claim and receive compensation from the settlement:

  1. Check Your Eligibility
    • Visit the official settlement website at RealEstateCommissionLitigation.com.
    • Review the eligibility requirements and confirm that your home sale qualifies.
  2. Gather Required Documents
    • Locate your closing statements and commission payment records.
    • Ensure that the documents clearly show the date of the home sale and the commission fees paid.
  3. Submit the Claim Form
    • Complete the claim form available on the settlement website.
    • Submit your claim online or mail the completed form to the address provided on the website.
  4. Await Review and Payment
    • After your claim is submitted, the Settlement Administrator will review your information and verify your eligibility.
    • If your claim is approved, you will receive compensation after the final court approval in October 2024.

Important Dates to Remember

EventDeadline
Exclusion and Objection DeadlineOctober 3, 2024
Final Court Approval HearingOctober 31, 2024
Claim Submission DeadlineMay 9, 2025

Submitting a claim after the deadline may result in losing your opportunity to receive compensation.

What Happens After You File a Claim?

Once a claim is submitted, the Settlement Administrator will review the documents and verify the claimant’s eligibility. If the court grants final approval of the settlement on October 31, 2024, payments will be processed and distributed throughout 2025.

Home sellers who previously filed claims related to this litigation do not need to reapply. Their claims will be automatically considered as part of the settlement. To stay informed about the status of the settlement, visit RealEstateCommissionLitigation.com for updates.

Common Mistakes to Avoid

When filing your claim, be sure to avoid these common mistakes:

  • Submitting incomplete or incorrect information.
  • Missing the submission deadline.
  • Failing to provide closing statements and commission payment records.
  • Using outdated contact information, which may delay communication and payment.

Double-check all documents before submitting your claim to ensure accuracy and completeness.

Frequently Asked Questions (FAQs)

Q1: Who is eligible to receive compensation from the Real Estate Commission Settlement 2025?

Home sellers who sold a property between October 31, 2017, and July 23, 2024, listed the home on an MLS, and paid a commission fee to a real estate brokerage are eligible to file a claim.

Q2: Can I file multiple claims if I sold more than one home?

Yes, you can file separate claims for each eligible home sale, as long as commission fees were paid for each transaction.

Q3: How much money will I receive from the settlement?

While exact amounts have not been determined, estimates suggest that home sellers could receive between 10% and 20% of the commission fees they paid. For example, a seller who paid a $20,000 commission might receive between $2,000 and $4,000.

Q4: What documents do I need to submit with my claim?

You must provide closing documents that verify the date of your home sale and proof of the commission fee paid to the real estate broker. Claims without these documents may be denied.

Q5: When is the deadline to file a claim?

The deadline to submit your claim is May 9, 2025. Claims must be submitted online at RealEstateCommissionLitigation.com or mailed to the address provided on the website.

Conclusion

The Real Estate Commission Settlement 2025 offers eligible home sellers the opportunity to receive compensation for commission fees paid between 2017 and 2024. With a $730 million fund available, sellers could recover between 10% and 20% of the fees they paid.

To claim your share, verify your eligibility, gather the required documents, and submit your claim by the deadline of May 9, 2025. For additional information and to file your claim, visit RealEstateCommissionLitigation.com.

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