The Real Brokerage pays $9.25 million in commissions lawsuit settlement

Real
joins
several
major
players,
including
Anywhere
Real
Estate,
RE/MAX,
Keller
Williams,
Compass,
and
the
National
Association
of
Realtors,
in
reaching
settlements
in
commissions
lawsuits.

With
sales
exceeding
$12
billion
in
2022,
Real
was
one
of
over
90
brokerages
not
covered
by

NAR’s
settlement
agreement.
While
Real
could
have
pursued
a
streamlined
settlement
path
outlined
in
the
NAR
agreement,
the
company
ultimately
chose
mediation,
resulting
in
the
$9.25
million
settlement.

“We
are
committed
to
continuing
to
invest
in
our
platform
to
provide
our
agents
with
the
tools,
training
and
technology
they
need
to
deliver
the
best
possible
home
buying
and
selling
experience
for
their
clients,”
said
Tamir
Poleg,
chairman
and
CEO
of
Real.
“At
the
end
of
the
day,
we
want
to
ensure
that
clients
receive
the
best
possible
guidance
when
making
one
of
the
biggest
financial
decisions
of
their
lives.”

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