NAR asks court to dismiss lawsuit filed by discount brokerage Homie

Lawyers for NAR, HomeServices of America, RE/MAX, Anywhere and HSF Affiliates denied claims of a conspiracy to inflate commissions, arguing that Homie would have benefitted from the plot. Continue reading

In its effort to add more supply, Airbnb rolls out co-hosting feature

Short-term rental leader keeps its sights set on lowering barriers to entry for people who might be interested in offering their homes on Airbnb. Continue reading

Realtor.com CEO Damian Eales urges caution on Clear Cooperation

Eales said the U.S. model of cooperation remains the gold standard — but declined to take a stance on NAR’s policy. “Beware what you wish for,” he said on Wednesday at Inman Connect Austin. Continue reading

EXp agrees to pay $34M to settle antitrust commission lawsuits

The brokerage was the third-largest by sales volume in 2022 and one of a relative few holdouts who had yet to settle lawsuits targeting the old status quo for real estate commissions. Continue reading

Commission chaos headed for Canada as watchdog probes rules

The inquiry is reminiscent of investigations and lawsuits that have engulfed the industry’s biggest players in the U.S. in recent years, and it includes a review of multiple policies that are similar to those under scrutiny in the U.S. Continue reading

2 more brokerages in the $2B club reach settlement agreements

John L. Scott and Real Estate One reach settlement agreements in antitrust commission lawsuit filed in Missouri. Continue reading

REcolorado appoints new CEO less than a week after it was sold

Dana Bennett, who worked for Colorado’s largest multiple listing service for over a decade before leaving last year, will begin serving immediately. Continue reading