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
Sitzer | Burnett plaintiffs asked the court to order the Berkshire Hathaway affiliate to pay most of the nearly $5.4 billion damages award after NAR, Keller Williams, Anywhere and RE/MAX settle. Continue reading
After five years and nearly 100,000 hours of work, the law firms are asking a federal court for $82 million of the proposed settlements to be paid by Anywhere, Keller Williams and RE/MAX. Continue reading
Amended complaint alleges Warren Buffett’s company abused the trust inspired by his name to encourage homesellers to use HomeServices and further alleged price-fixing conspiracy. Continue reading
Defendant MLS PIN and plaintiffs Jennifer Nosalek, Randy Hirschorn and Tracey Hirschorn asked a district court judge for permission to respond to a statement of interest the DOJ filed in the case. Continue reading
Only 31 percent of homebuyers or sellers try to negotiate a lower commission, but 64 percent of those who do succeed, LendingTree survey finds. Continue reading
California resident Andrea Freedlund is suing on behalf of homesellers who paid a buyer agent in the four years before Redfin announced it was leaving NAR, according to a suit filed in federal court. Continue reading
Consumer watchdog CFA hails federal agency’s proposal to ban sellers from making compensation offers as a “major watershed” in promoting more competition in real estate. Continue reading
There are no funds under NAR’s policy available to pay for the cost of defending the Realtor associations nor their multiple listing services which have been sued, according to the trade group. Continue reading