Federal commission suit now a class action; NAR, Realogy vow to appeal

A U.S. District Court judge granted class certification in one of two federal commission lawsuits that could rock the real estate industry and impact how agents are compensated nationwide. Continue reading

T3 Sixty ‘Danger’ report emerges as latest hitch in NAR lawsuit

NAR commissioned the report for the trade group’s Strategic Thinking Advisory Committee. Among the top 10 dangers noted were “Commissions spiral downward.” Continue reading

Bombshell lawsuit takes a new turn

The bombshell lawsuit that could upend the U.S. real estate industry has been amended, adding more plaintiffs and defendants and emphasizing the role commissions play in steering buyers and raising costs for sellers. Continue reading