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NextHome, Realty Executives, Shorewest face US antitrust claims over broker fees

( November 14, 2024, 23:31 GMT | Official Statement) -- MLex Summary: NextHome, Realty Executives, and Shorewest engaged in a conspiracy to perpetuated anticompetitive measures in the real estate broker services market within Illinois and nationwide, according to a US complaint. “Defendants and their co-conspirators adopted and implemented anticompetitive practices that harmed consumers and homebuyers by, among other things, increasing and artificially sustaining the commissions paid to real estate brokers as part of residential real estate transactions,” it said. See document below. ...

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