If you sold real estate that was listed on the multiple listing service Pinergy and paid a commission to a real estate agent, then you may be part of a class action settlement.
December 17, 2016 through September 29, 2025
All persons and entities that (all 3):
(1) sold residential real estate during the Settlement Class Period (December 17, 2016 to September 29, 2025)
(2) listed the real estate that was sold on MLS PIN’s Pinergy multiple listing platform
(3) paid a commission to a real estate brokerage in connection with the sale of the real estate
You are part of the Class if you meet all three of these conditions, regardless of whether you also were a buyer with in the Settlement Class Period.
MLS PIN and the following large real estate brokerage firms:
Anywhere, RE/MAX, Keller Williams, and Berkshire Hathaway HomeServices (“Broker Defendants”).
Of these Defendants, this settlement ($3.95MM) concerns only MLS PIN.
The Action claims that Defendants, including MLS PIN, created and implemented rules that require real estate sellers listing properties on MLS PIN’s multiple listing service, Pinergy, to pay commissions to the broker or agent representing the buyer, and that this requirement caused real estate sellers to pay total commissions at inflated rates. Plaintiffs also allege that Defendants enforced these rules through anti-competitive and unlawful practices.
The Action claims that these rules are anticompetitive, and that they violate antitrust laws. You can read Plaintiffs’ complaint in the Documents section of this settlement website. Specifically, the lawsuit alleges violation of Section 1 of the Sherman Act (a federal antitrust statute found at 15 U.S.C. § 1 et seq.)
The Court has not decided who is right or wrong. Instead, Plaintiffs and Settling Defendants have agreed to a Settlement to avoid the risk and cost of further litigation. Settling Defendants deny all allegations of wrongdoing.