How to Claim Your Share of the $28.5M Keller Williams and RE/MAX Settlement
If you bought a home recently, you might have some unexpected cash waiting for you.
Major real estate brokerages Keller Williams and RE/MAX agreed to a $28.5 million settlement over allegations surrounding agent commissions.
Plaintiffs claimed that key industry rules artificially inflated buyer-agent fees, making real estate purchases more expensive.
Academic studies, such as research from the Federal Reserve Bank of Richmond, show that traditional 3% buyer commissions historically distorted search efficiency and inflated consumer costs.
To resolve the claims without admitting wrongdoing, Keller Williams contributed $20 million to the fund.
RE/MAX added $8.5 million to complete the settlement pool.
You may be eligible if you purchased residential property in the U.S. that was listed on a Multiple Listing Service (MLS).
Your purchase must fall within your state’s specific eligibility timeframe, with the broader qualification window wrapping up on April 14, 2026.
Individual payout amounts haven't been finalized yet by administrators.
Your total payment depends on the original purchase price, commissions paid, and how many valid claims are filed.
Claims can be submitted online or sent through regular mail to the claims administrator.
Make sure to act quickly, as the official deadline to submit or postmark your form was August 25.
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Find out if you're eligible for housing support here!
Major real estate brokerages Keller Williams and RE/MAX agreed to a $28.5 million settlement over allegations surrounding agent commissions.
What Is the Lawsuit About?
Plaintiffs claimed that key industry rules artificially inflated buyer-agent fees, making real estate purchases more expensive.
Academic studies, such as research from the Federal Reserve Bank of Richmond, show that traditional 3% buyer commissions historically distorted search efficiency and inflated consumer costs.
Who Contributed to the Settlement?
To resolve the claims without admitting wrongdoing, Keller Williams contributed $20 million to the fund.
RE/MAX added $8.5 million to complete the settlement pool.
Who Qualifies to File a Claim?
You may be eligible if you purchased residential property in the U.S. that was listed on a Multiple Listing Service (MLS).
Your purchase must fall within your state’s specific eligibility timeframe, with the broader qualification window wrapping up on April 14, 2026.
How Much Money Could You Receive?
Individual payout amounts haven't been finalized yet by administrators.
Your total payment depends on the original purchase price, commissions paid, and how many valid claims are filed.
How and When Do You File?
Claims can be submitted online or sent through regular mail to the claims administrator.
Make sure to act quickly, as the official deadline to submit or postmark your form was August 25.
-
Find out if you're eligible for housing support here!