Illinois home buyer files US antitrust claims against residential real estate brokerages
( April 17, 2025, 22:31 GMT | Official Statement) -- MLex Summary: Engel & Volkers, Side, and Keyes have been accused of artificially sustaining the commissions paid to real estate brokers as part of residential real estate transactions by an Illinois home buyer. “Because brokers’ commissions are incorporated into the price of a home, Defendants’ anticompetitive practices have burdened homebuyers nationwide with increased home prices and unnecessarily high costs in residential real estate transactions,” the complaint alleged. See attached file. ...
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