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Compass Faces Lawsuit Over Hidden Fees
Description
Two Florida homebuyers are suing Compass Florida over a surprise $475 transaction fee they say was hidden in their contract — claiming it’s an illegal, undisclosed charge that violates Florida real estate ethics. The Efrons argue the fee, tucked under “additional terms,” wasn’t part of the standard Realtor contract and could be considered unauthorized legal practice. They’re seeking class-action status to recover fees for thousands of other buyers hit with similar charges over the past four years. Compass defends the fee as industry-standard, especially in big markets, though this case involves a closing before their broader rollout. The lawsuit adds fuel to the national debate over real estate transparency and agent compensation.
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