Home sellers win $1.8 billion lawsuit after conspiracy among realtors

An ASU expert discusses the lawsuit's impact on the U.S. real estate industry.

In this story aired Nov. 13, 2023, on Arizona PBS:

“When you think about it, the buyer’s agent’s commission is already wrapped into the mortgage because it’s part of the sales price, and that’s what goes on the closing statement. This is about allocation of those costs.”

– Mark Stapp, Fred E. Taylor Professor in Real Estate, Master's of Real Estate Development executive director, and director of the Center for Real Estate Theory and Practice