KANSAS CITY, Mo.—A federal jury on Tuesday discovered the Nationwide Affiliation of Realtors and massive residential brokerages answerable for about $1.8 billion in damages after figuring out they conspired to stay commissions for house gross sales artificially top. The decision comes within the first of 2 primary antitrust proceedings that concentrate on decades-old business practices and search to power down commissions and alter the way in which brokers are compensated. The 2-week trial concerned claims by means of house dealers in different Midwestern states. The jury issued its verdict after simply hours of deliberations. Copyright ©2023 Dow Jones & Corporate, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
