B
aird & Warner and Real Estate One will contribute an additional $3.7 million to the settlement fund, as the MLS PIN case moves forward after a seven-month pause. Smaller commission settlements continue to progress through the courts, despite many major deals being resolved.

    Real Estate One, which reached an agreement in October, and Baird & Warner, founded in 1855, have entered the preliminary approval stage in the Gibson/Umpa commissions case. Court documents reveal that Real Estate One will pay $1.5 million into the fund, while Baird & Warner will contribute $2.2 million.

    The settlement fund, which includes agreements from the National Association of Realtors and numerous brokerages and MLSs, has surpassed $1 billion. In October, Judge Stephen Bough approved settlements with nine brokerage defendants, and four more preliminary agreements were filed in November.

    Judge Patti Saris has set a date for April 1 to consider preliminary approval of the MLS PIN settlement, which was paused in June 2024 due to disagreements between the settling parties and the U.S. Department of Justice. The DOJ had expressed concerns about antitrust issues with the original deal, which included a $3 million payment from MLS PIN and rule changes related to buyer-broker compensation.