Class action antitrust suit filed against eXp Realty over buyer broker commission practices

eXp World Holdings, Inc.

Putative class action filed Jan 25, 2024 in Nevada federal court names eXp Realty among defendants.
Alleges conspiracy to restrain trade by requiring home sellers to pay buyer broker fees and inflated commissions.
Seeks injunction, declaratory relief, damages to be determined, plus statutory penalties and attorneys' fees.
Company believes additional antitrust litigation may follow; outcome uncertain.

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