California Regional MLS’s general counsel talks offers of compensation, seller concessions, steering and buyer agency agreements ahead of his appearance at Inman Connect Las Vegas. Continue reading
After brokerages and MLSs reached out, the Consumer Federation of America created criteria focused on whether agreements are readable, understandable, and fair to buyers. Continue reading
The California Association of Realtors says even though offers of compensation among brokers remain legal, members and their clients should not rely on “historically common practices.” Continue reading
The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250 million in April. Continue reading
At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. It’s not just homesellers who are upset about the … Continue reading
The homesellers object that the deals’ payout is “far too low” for the “massive” number of injured parties and that franchisees should be required to implement practice changes. Continue reading
The second report by the Consumer Federation of America to focus on the California Association of Realtors in as many weeks examines the association’s 7,000-word homeseller listing agreement. Continue reading
Effective immediately, listing brokers and agents can submit for-sale listings to the MLS without offering any cooperating compensation to the buyer broker. Continue reading
Plaintiffs allege REBNY and dozens of real estate brokerages perpetrated a “wholly separate conspiracy” from the claims resolved by the NAR settlement, but defendants disagree. Continue reading
Attorneys for the plaintiffs in a case now known as Moratis stress that NAR’s proposed settlement won’t stop “a key element of the antitrust conspiracy” and might take years to go into effect. Continue reading