Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered. Continue reading
The National Association of Realtors, Keller Williams, Anywhere, RE/MAX, Compass, eXp and others offered a slew of arguments for why the Batton 1 and Batton 2 cases should be thrown out. Continue reading
U.S. homebuilder PulteGroup said it should have been provided with a plan to distribute claims so that it can estimate its recovery amount. But that document doesn’t appear to exist. Continue reading
The U.S. Supreme Court denied the real estate franchisor’s request for consideration on Monday, but the plaintiffs won’t be able to lay $4.7 billion in damages at HomeServices’ feet — at least not yet. Continue reading
The Berkshire Hathaway affiliate says final judgment in the case shouldn’t come before settlements are finalized, a process the franchisor does not expect to be “uncontroversial.” Continue reading
The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied. Continue reading
The plaintiffs and defendants in the antitrust commission case indicated they would be available for a 3- to 4-week trial beginning Jan. 21, 2025, according to court filings earlier this week. Continue reading
Robby Braun, partner at Cohen Milstein Sellers & Toll, addresses “misconceptions” about the NAR deal’s impact and says Realtors who try to ignore the changes “will get left behind.” Continue reading
They asked the court for more time to analyze the impact on their proposed settlement of NAR’s proposed rule change banning the MLS display of commissions offered to buyer brokers. Continue reading
More than 90 brokerages would not be covered under the $418 million deal, though most have the option of buying in. Continue reading