The residential real estate industry is attracting unprecedented scrutiny from government enforcers and private plaintiffs, with one jury in Missouri awarding a class of home seller plaintiffs a staggering $1.8 billion for a price-fixing scheme the jury found was sanctioned by the National Association of Realtors (“NAR”). The onslaught of litigations and investigations will likely cost the industry billions and it is already changing the industry’s approach to doing business. This article
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