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Phillips v. National Association of REALTORS®
Filed
December 2023
Jurisdiction
Federal court (consolidated with Sitzer/Burnett for settlement)
Plaintiff Firm
Multiple plaintiff firms
'Copycat' lawsuit filed after Sitzer/Burnett verdict; alleged identical antitrust violations in buyer-broker commission practices
Consolidated into NAR's global settlement strategy; claims resolved through same settlement fund and process as Sitzer/Burnett
Settlement Amount
Absorbed into NAR global settlement ($418M)
Settlement Date
March 2024
Claim Deadline
November 15, 2024
Estimated Payout
Combined with Sitzer/Burnett settlement; estimated $500-$2,000 per transaction
Eligibility Criteria
Transaction Period
Home sales nationwide between 2019-2024 involving NAR member brokerages
Geographic Scope
Nationwide
Covered Brokerages
NAR member brokerages
Industry Practice Changes
Covered by NAR global settlement injunctive relief (elimination of mandatory buyer-broker commission offers, enhanced consumer disclosures)
Case Filed
December 2023Phillips v. National Association of REALTORS® filed in Federal court (consolidated with Sitzer/Burnett for settlement)
Settlement Reached
March 2024Settlement agreement reached for Absorbed into NAR global settlement ($418M)
Category
NAR Commission AntitrustSettlement
Varies by brokerage (The Real Brokerage: $9.25M, Compass: $57.5M)
Nationwide class action alleging anticompetitive buyer-broker commission practices; consolidated with Gibson v. NAR in April 2024
Category
NAR Commission AntitrustSettlement
$289.7 million total ($250M NAR + $39.7M brokerages)
MLS commission display rules. Settlement includes multiple tranches: NAR $250M (approved June 2025) and 5 additional brokerages $39.7M (approved Feb 2026): Howard Hanna $32M, William Raveis $4.1M, Windermere/Lyon $2.1M, EXIT Realty $1.5M
Category
NAR Commission AntitrustSettlement
$250 million
Anticompetitive commission practices
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