{"id":439836,"date":"2024-01-16T17:40:56","date_gmt":"2024-01-16T22:40:56","guid":{"rendered":"https:\/\/www.housingwire.com\/?p=439836"},"modified":"2024-01-17T09:06:21","modified_gmt":"2024-01-17T14:06:21","slug":"new-and-unusual-commission-lawsuit-alleges-collusion-in-sin-city","status":"publish","type":"post","link":"https:\/\/www.housingwire.com\/articles\/new-and-unusual-commission-lawsuit-alleges-collusion-in-sin-city\/","title":{"rendered":"New (and unusual) commission lawsuit alleges collusion in Sin City"},"content":{"rendered":"\n

The latest copycat<\/a> commission lawsuit<\/a> alleges that real estate industry players in Nevada<\/a> have colluded to artificially inflate real estate agent commissions. The suit was filed on Monday in U.S. District Court in Las Vegas<\/a> by Nathaniel Whaley, who sold a home in Las Vegas in April 2022 and paid a buyer broker commission.<\/p>\n\n\n\n

The complaint names the National Association of Realtors<\/a><\/strong>, Las Vegas Realtors<\/strong>, Nevada Realtors<\/strong>, Sierra Nevada Realty<\/strong>, Incline Village Realtors<\/strong>, Elko County Realtors<\/strong>, Mesquite Real Estate Association<\/strong> and Northern Nevada Regional MLS<\/strong> as defendants. Unlike other commission lawsuit<\/a>, the Whaley suit only names Realtor associations as defendants.<\/p>\n\n\n\n

As with all of the other commission lawsuits<\/a>, the Whaley suit takes aim at NAR\u2019s Participation Rule which requires listing brokers to make a blanket offer of compensation to buyer\u2019s brokers in order to list a property on an MLS<\/a>.  <\/p>\n\n\n\n

\u201cThe unlawful restraints implemented and enforced by Defendants\u2019 conspiracy, further the common goals of permitting Defendants herein to impose supra-competitive charges on home sellers and restrain competition by precluding competition from innovative or lower priced alternatives,\u201d the complaint reads.<\/p>\n\n\n\n

The suits also alleges that members of the association defendants \u201cparticipate in and continue the conspiracy by serving on boards and committees that enforce compliance with NAR Rules.\u201d<\/p>\n\n\n\n

\u201cThrough these actions, and others alleged in this Complaint, each of the Association Defendants, and NAR, have taken actions to further the conspiracy and thereby have agreed to join, participate in, facilitate, and implement the conspiracy,\u201d the complaint states.<\/p>\n\n\n\n

In an emailed statement, NAR’s vice president of communications Mantill Williams, wrote that NAR will respond to the complaint in court.<\/p>\n\n\n\n

“The cooperative compensation practice makes efficient, transparent, and accessible marketplaces possible,” Williams wrote. “Sellers can sell their home for more and have their home seen by more buyers while buyers have more choices of homes and can afford representation.”<\/p>\n\n\n\n

The plaintiff is seeking class action status for the suit with the class consisting of anyone who listed a home on one of the eight MLSs named as a defendant and paid a buyer broker commission between Jan. 15, 2020, and the present.<\/p>\n\n\n\n

Additionally, the complaint demands a jury trial and asks for treble damages and injunctive relief.<\/p>\n","protected":false},"excerpt":{"rendered":"

Eight Realtor associations, but no brokerages, are named as defendants in the latest copycat commission lawsuit.<\/p>\n","protected":false},"author":34740,"featured_media":397941,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42090,1681,268078],"tags":[268195,1718,17595],"coauthors":[242356],"acf":[],"yoast_head":"\nNew (and unusual) commission lawsuit alleges collusion in Sin City - HousingWire<\/title>\n<meta name=\"description\" content=\"Eight Realtor associations, but no brokerages, are named as defendants in the latest copycat commission lawsuit.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.housingwire.com\/articles\/new-and-unusual-commission-lawsuit-alleges-collusion-in-sin-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New (and unusual) commission lawsuit alleges collusion in Sin City - 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But NAR isn’t the target","author":"Brooklee Han","date":"January 9, 2024","format":false,"excerpt":"Though the commission suit takes aim at NAR\u2019s Participation Rule, it does not name NAR as a defendant. Instead the suit lists the state\u2019s largest Realtor organizations and several local and national brokerages.","rel":"","context":"In "Legal"","block_context":{"text":"Legal","link":"https:\/\/www.housingwire.com\/category\/politics-money\/legal\/"},"img":{"alt_text":"Phoenix, Arizona","src":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2024\/01\/Copy-of-Newsroom-Template-30.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2024\/01\/Copy-of-Newsroom-Template-30.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2024\/01\/Copy-of-Newsroom-Template-30.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2024\/01\/Copy-of-Newsroom-Template-30.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":438919,"url":"https:\/\/www.housingwire.com\/articles\/second-copycat-commission-lawsuit-filed-against-rebny\/","url_meta":{"origin":439836,"position":4},"title":"Second copycat commission lawsuit filed against REBNY","author":"Brooklee Han","date":"January 11, 2024","format":false,"excerpt":"REBNY, as well as several national and New York-based brokerages, are facing a second copycat commission lawsuit.","rel":"","context":"In "Legal"","block_context":{"text":"Legal","link":"https:\/\/www.housingwire.com\/category\/politics-money\/legal\/"},"img":{"alt_text":"New-York-e1693986968292","src":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/12\/New-York-e1693986968292.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/12\/New-York-e1693986968292.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/12\/New-York-e1693986968292.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/12\/New-York-e1693986968292.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":423005,"url":"https:\/\/www.housingwire.com\/articles\/maryland-home-seller-files-commission-lawsuit-in-missouri\/","url_meta":{"origin":439836,"position":5},"title":"Maryland home seller files commission lawsuit in Missouri","author":"Brooklee Han","date":"January 2, 2024","format":false,"excerpt":"Maryland resident Daniel Umpa filed a copycat commission lawsuit in Missouri, with a proposed nationwide home seller class.","rel":"","context":"In "Legal"","block_context":{"text":"Legal","link":"https:\/\/www.housingwire.com\/category\/politics-money\/legal\/"},"img":{"alt_text":"AdobeStock_64358508","src":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/11\/AdobeStock_64358508.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/11\/AdobeStock_64358508.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/11\/AdobeStock_64358508.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/11\/AdobeStock_64358508.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/posts\/439836"}],"collection":[{"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/users\/34740"}],"replies":[{"embeddable":true,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/comments?post=439836"}],"version-history":[{"count":6,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/posts\/439836\/revisions"}],"predecessor-version":[{"id":440067,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/posts\/439836\/revisions\/440067"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/media\/397941"}],"wp:attachment":[{"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/media?parent=439836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/categories?post=439836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/tags?post=439836"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/coauthors?post=439836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}