Keller Williams, RE/MAX $28.5M Home Buyer Class Action Settlement

Individuals and entities who purchased residential real estate in the United States that a multiple listing service listed during certain periods since 2006 may be eligible to submit a claim for a cash payment from a class action settlement.

Keller Williams Realty LLC and RE/MAX LLC agreed to pay a combined $28,500,000 to settle a lawsuit alleging they conspired to keep real estate broker commissions artificially high. The plaintiffs claim this practice led to inflated home prices and reduced the quality of buyer-broker services. Keller Williams will pay $20 million and RE/MAX will pay $8.5 million into the settlement fund.

Who can file a claim for a home buyer payout?

Class members must meet the following criteria:

• An MLS listed the U.S. residential real estate they purchased.
• They purchased the real estate during the state statutory period for the state where the property is located and completed the purchase on or before April 14, 2026.
• A real estate agent or broker received a commission on the sale.

What is the class period for each state?

The state statutory periods are as follows:

• Texas: Jan. 25, 2019-April 14, 2026
• Kansas, Mississippi, South Carolina, Alaska, Colorado, Maryland, Montana, Oklahoma and Washington: Jan. 25, 2018-April 14, 2026
• Arizona, California, Florida, Idaho, Nebraska, Nevada, New Hampshire, New Mexico, North Carolina, Virginia, District of Columbia, Delaware and Georgia: Jan. 25, 2017-April 14, 2026
• Arkansas, Illinois, Iowa, Missouri, Utah, West Virginia and Kentucky: Jan. 25, 2016-April 14, 2026
• Connecticut, Hawaii, Maine, Massachusetts, Michigan, Minnesota, New York, North Dakota, Oregon, Pennsylvania, South Dakota, Tennessee, Vermont, Wisconsin, Alabama, Indiana, New Jersey and Ohio: Jan. 25, 2015-April 14, 2026
• Wyoming: Jan. 25, 2013-April 14, 2026
• Rhode Island, Louisiana: Jan. 25, 2011-April 14, 2026
• Puerto Rico: Jan. 25, 2006-April 14, 2026

How much are settlement payments?

Pro rata cash payment: Class members can submit a claim to receive a pro rata cash payment from the net settlement fund. The settlement administrator will determine the payment amount by the total number of claims filed, the number of properties each claimant purchased and the amount of commissions paid.

How to claim a class action rebate

To receive a settlement payment, class members can file a claim online or print the PDF claim form to complete and mail to the settlement administrator. They must complete a separate claim form for each home purchased.

Settlement administrator's mailing address: Home Buyer Litigation Claims Administrator, c/o A.B. Data Ltd., PO Box 173065, Milwaukee, WI 53217

The claim deadline is August 25, 2026.

Required proof and claim information

• All claims require the the following information:
• Address of home purchased
• Date of home purchase
• Home purchase price
• Total amount of commission paid
• Amount of commission paid to buyer-side broker

• All claims require proof of payment documentation showing the date of purchase, the address and the fees paid to all real estate agents or brokers involved in the transaction. This may include closing statements, settlement statements, HUD statements, settlement letters and other transaction documents.

Payout options

• Virtual debit card
• Paper check mailed to the address provided
• PayPal
• Venmo

$28.5 million home buyer settlement fund

The $28,500,000 settlement fund will include:

• Settlement administration costs: To be determined
• Attorneys' fees: Up to $9,500,000
• Attorneys' expenses: Up to $4,500,000
• Future litigation fees and expenses: Up to $500,000
• Service awards to class representatives: Up to $5,000 per representative per settlement
• Payments to approved claimants: Remaining settlement funds

Important dates

• Deadline to opt out: June 23, 2026
• Fairness hearing: July 28, 2026
• Deadline to file a claim: Aug. 25, 2026

When is the Keller Williams and RE/MAX home buyer settlement payout date?

The settlement administrator will issue payments to approved claimants after it completes claim processing and the court grants final approval of the settlement.

Why is there a class action settlement?

The class action lawsuit alleges that Keller Williams, RE/MAX and other defendants conspired to artificially inflate residential real estate broker commissions, which plaintiffs claim led to higher home prices and reduced quality of buyer-broker services.

These two defendants deny any wrongdoing or violation of law but agreed to settle to avoid the risk and expense of continued litigation and a possible trial.

Sources

1. Class notice
2. Settlement website FAQ page
3. Claim form