$711 million is sitting in the commission suit settlement fund, so when do payouts start?

Saturday will mark three years since the real estate industry was found liable by a Missouri jury for artificially inflating real estate agent commissions. Additionally, in less than a month it will have been two years since the National Association of Realtors’s (NAR) commission lawsuit settlement agreement received final approval from the court. Despite the passage of all this time, it remains unknown when and how much eligible class members will receive from the settlement fund. According to documents filed with the U.S. District Court for the Western District of Missouri on Thursday, as of September 30, 2026, the settlement fund has over $711 million. During the first nine months of the year, the accounts holding these funds received over $17 million in interest. During that same time period, roughly $5.8 million was transferred out of the accounts. The filings do not explain the purpose of these transfers nor do they disclose if any money has been paid out to settlement class members. The settlement funds are currently held by Morgan Stanley, after being transferred there from Huntington Bank last October as the direction of the class counsel. JND Legal Administration, the set...