A Kansas City, Missouri, jury has found three of the nation’s largest residential real estate players guilty of conspiring to inflate commissions, and ordered them to pay damages totaling $1.78 billion.
The jury reached its verdict on Tuesday after more than two weeks of hearing testimonies from Bob Goldberg, chief executive of National Association of Realtors (NAR); Gino Blefari, president and chief executive of HomeServices of America; and Gary Keller, co-founder and chief executive of Keller Williams Realty, as well as from Missouri home-sellers who challenged them.
