The Agency and Realty ONE Group opt into Tuccori settlement

The Agency and Realty ONE Group Excel have joined the growing number of real estate entities who have settled the homebuyer commission lawsuit claims via the Tuccori lawsuit opt-in settlement. 

The two firms informed Illinois-based Judge Georgia Alexakis, who is overseeing the Cwynar homebuyer commission lawsuit that they are both defendants in, of their decision to opt-in to the Tuccori settlement in a filing on Tuesday. In the filing they ask Judge Alexakis to stay proceedings in the Cwynar lawsuit pending the approval of their settlements in the Tuccori lawsuit. 

The financial terms of the settlements were not disclosed.

The window to opt-in to the Tuccori settlement closed earlier this week. The settlement is currently still waiting on final approval. 

Late last week, the National Association of Realtors (NAR) announced its decision to settle the homebuyers commission litigation through the opt-in function in the Tuccori settlement. In doing so, NAR joined several other firms including Anywhere Real Estate and Hanna Holdings. However, these settlements have not been without drama. Plaintiffs in the Batton suit, have been pushing back against defendants opting to settle these homebuyer commission lawsuit claims with the Tuccori plaintiffs. 

In March, these plaintiffs sought to block both Anywhere and Hanna Holdings from proceeding with their proposed settlements. 

These motions were denied, but the Batton plaintiffs have also sought to appoint the Tuccori plaintiffs’ attorneys as interim co-lead counsel in the Batton lawsuit. It remains to be seen if the Batton plaintiffs will also pushback against NAR’s choice to opt-in to the Tuccori settlement.