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eXp Realty Named in South Carolina Commission Class Action


eXp World Holdings disclosed in a Form 8-K filed April 17, 2024 that eXp Realty has been named as a defendant in another putative class action over real estate commissions.

The case, Burton et al. v. Bluefield Realty Group et al., Case No. 7:24-cv-01800-JDA, was filed April 11, 2024 in the U.S. District Court for the District of South Carolina, Spartanburg Division. It alleges the defendants conspired to require home sellers to pay the commission of the buyer's broker.

The proposed class covers home sellers who listed properties on certain multiple listing services in South Carolina and paid a buyer's broker commission from November 6, 2019 to the present.

The suit followed similar actions filed against eXp Realty in other states after the October 2023 Missouri jury verdict against the National Association of Realtors and large brokerages.

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