HomeServices hit by buyer commission lawsuit in Florida

The class action lawsuit filed by plaintiff James Lutz alleges that HomeServices and other members of the National Association of Realtors fixed commissions, which misled buyers and resulted in buyers paying inflated home prices. Continue reading

Hyatt, Hilton among those accused of price-fixing in new antitrust suit

A lawsuit filed last week in California alleges the hotel industry engaged in illegal price-fixing using AI software. Continue reading

Utah homeseller files commission lawsuit against NAR, 13 others

The complaint — one of nearly two dozen targeting real estate’s long-standing commission-sharing structure — alleges that “most” buyer agents will steer clients away from listings that offer a lower commission. Continue reading

Anywhere, RE/MAX agree to settle Nosalek commission lawsuit

New legal filings propose that MLS PIN class members from the Nosalek lawsuit be included in the “substantive terms” of the Sitzer/Burnett and Moehrl settlements with Anywhere and RE/MAX. Continue reading

How do you see the buyer’s agent lawsuits shaking out? Pulse

This week, we’re asking for your views on the bombshell buyer’s agent lawsuits. Is it something to fear or much ado about nothing? Continue reading

REX takes new jab at NAR in blistering ‘cartel economics’ attack

The discount brokerage struck on Wednesday following the National Association of Realtors’ petition two days earlier to compel the DOJ to uphold its antitrust settlement. Continue reading

REX execs take aim at Zillow in op-ed: ‘We had no choice but to sue’

In an op-ed co-written by REX CEO Jack Ryan and REX President Lynley Sides, the pair said they “won’t stop” until policies like NAR’s segregation rule no longer impede consumers. Continue reading

The problem with antitrust litigation as a real estate business strategy

In the real estate industry, antitrust lawsuits have become more prevalent in the past few years, but perhaps it’s time for litigious parties to take a step back and refocus their energies on sellers and buyers, instead of competitors. Continue reading