Tag Archives: Antitrust

NAR: Settlement mandates ‘benefit’ buyers and sellers

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Consumer guides from the trade group offer a contrast to previous messaging but also continue to promote pre-emptive offers of compensation to buyer agents. Continue reading →

Hanna fights back against homebuyer commission suit

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Parent company of Howard Hanna Real Estate Services argues plaintiff agreed to a mediation clause and, as a buyer, doesn’t have standing to sue under federal and state antitrust laws. Continue reading →

Consumer watchdog advises buyers to pay agents ‘2% or less’

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The Consumer Federation of America also tells consumers not to agree to pay an agent just to see a home, but to sign a touring agreement with no financial obligation instead. Continue reading →

NAR settlement still an enigma for some ahead of big Aug. 17 deadline

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Last week, the brightest minds in real estate converged at Inman Connect to set agents, brokers and MLS members straight on the finer points of the new rules taking effect in less than two weeks. Continue reading →

CRMLS removes seller concession fields due to CAR forms change

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California Regional MLS will continue to allow agents to indicate whether sellers will consider concessions but will no longer have the option to specify a dollar amount or percentage. Continue reading →

Expect more guidance from NAR — but fewer rules: CMLS CEO Evans

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CMLS CEO Denee Evans revealed why she believes NAR will choose not to create new MLS rules over the next six to 12 months ahead of her appearance next week at Inman Connect Las Vegas. Continue reading →

Court revives antitrust claims against NAR in pocket listing suit

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Judge says Top Agent Network “adequately alleged” NAR’s Clear Cooperation Policy is a “group boycott.” Meanwhile, NAR signals it may be open to repealing the rule. Continue reading →

Sequel to NAR ‘Danger Report’ set for 10-year anniversary next year

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T3 Sixty plans to release “The Opportunity Report” as a follow up to its “DANGER Report” in early 2025. it says the new document will be comparable in its impactful earlier analysis of the industry. Continue reading →

Keller Williams hits milestone: $2B in profits shared with agents

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The company celebrated during a live “growth call” with leaders from more than 1,000 franchisees in the U.S. and Canada. Nearly 150 KW agents have earned more than $1 million in lifetime profit share. Continue reading →

Ed Zorn to the real estate industry: Get rid of commission-sharing now

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The attorney and broker dives into the nuances of seller concessions, steering, buyer agents’ jobs, and avoiding future antitrust trouble ahead of his appearances at Inman Connect Las Vegas. Continue reading →