Michael Polentz

Michael Polentz

Manatt, Phelps & Phillips, LLP

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Latest Posts › National Association of Realtors

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NAR Broker Commission Policy Change Following Antitrust Settlement

In 2019, home sellers brought a series of class-action lawsuits against the National Association of Realtors (NAR) and several national real estate brokerages, alleging that the defendants conspired in anticompetitive...more

8/19/2024  /  Class Action , Homeowners , National Association of Realtors , Punitive Damages , Real Estate Agents , Real Estate Brokers , Sales Commissions , Sellers , Settlement , Sherman Act

Missouri Jury Finds Realtors Liable for $1.78 Billion in Commission Fees

On October 31, 2023, a federal jury in the Western District of Missouri found that the National Association of Realtors (NAR) and multiple other real estate brokerages violated antitrust laws by conspiring to inflate the...more

11/7/2023  /  Antitrust Provisions , Antitrust Violations , Broker Commissions , Class Action , Damages , Fees , National Association of Realtors , Real Estate Brokers , Real Estate Transactions
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