A Kansas City jury unanimously found Tuesday that the National Association of Realtors and other real estate organizations conspired to artificially inflate home sale commissions, ordering the organizations to pay $1.8 billion in damages to a half-million Missouri home sellers. Get a curated selection of 10 of our best stories in your inbox every weekend.
“We spent 4½ years uncovering the evidence of this conspiracy,” lead plaintiff attorney Michael Ketchmark told The Washington Post. “When the jury saw the evidence and heard the testimony … they agreed this is wrong…”
Jurors on Tuesday awarded $1.8 billion in damages to about 500,000 Missouri home sellers.