Settlement Class Notice:
A class action notice will be sent out on or after August 17 to anyone who has sold a home that was listed on an MLS anywhere in the United States where commission was paid to any brokerage in connection with the sale of a home. So expect to hear from your buyers and sellers when they received the mailing (think cell phone or aspirin class action notices you may have received in the past).
So long as you are a REALTOR member and fall under the settlement coverage terms by the date of class notice, you will be considered a “released party” under the settlement terms. You will not be covered by the settlement regardless of prior membership length, if you resign your membership, if your membership is terminated, or if your membership becomes inactive prior to the date of class notice (no earlier than August 17, 2024).
See who has opted in: https://www.realestatecommissionlitigation.com/opt-in