The American Real Estate Association’s call to end NAR’s pocket rule has drawn more than 2,000 signatures since Friday, according to group co-founder Jason Haber, a Compass agent. Continue reading
There are now more than two dozen named plaintiffs in an antitrust case against the parent company of Howard Hanna, several of them also plaintiffs in other buyer commission suits. Continue reading
Law professor estimates the plaintiffs’ law firms are asking for only 3 percent of the total value of the deals when ‘historic’ business practice changes are taken into account. Continue reading
In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer. Continue reading
Doug Millier and Wendy Gilch of Consumer Advocates in American Real Estate revealed to Inman on Tuesday the origins of the Moehrl case while sending a warning that the industry will be “under a microscope.” Continue reading
The National Association of Realtors’ proposed settlement agreement requires brokers and agents to sign contracts with buyers they’re “working with.” But what exactly does that mean? Continue reading
In a phone interview, lead plaintiffs’ counsel Michael Ketchmark weighed in on the consequences of violating the NAR settlement, Zillow’s business model, and the “monster case” that remains. Continue reading
Beginning Saturday, new rules around commissions take effect, paving the way for the biggest shift in real estate in at least a generation. It’s a brave new world, and it begins this weekend. Continue reading
The nation’s largest MLS removed compensation fields from its platforms on Aug. 13, after offering detailed guidance to agents on the terms of NAR’s proposed settlement. Continue reading
The plaintiffs protest “compulsory” Realtor membership to access the MLS after the removal of “the guaranteed broker commission” from the MLS. Continue reading