The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case. Continue reading
As oral arguments began Monday in the federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR’s commission policy would look like and why they believe Keller is leading an antitrust conspiracy. Continue reading
2021 came with Realtor misbehavior, rising legal and regulatory scrutiny and MLSs becoming tech investors after Zillow’s acquisition of ShowingTime. Continue reading
The Consumer Federation of America pushes for an end to the sharing of commissions between listing and buyer brokers to spur price competition. Continue reading
The trade group changed real estate listings nationwide, made buyer agent compensation more transparent, declared a divisive symbol discriminatory and turned the gender divide on its head. Continue reading
The National Association of Realtors’ legal team says members can help the trade group fight its antitrust war while the association fends off the DOJ, REX and various commission lawsuits. Continue reading
After vigorous debate at the trade group’s multiple listing service committee, the proposal heads to the National Association of Realtors’ board of directors on Monday. Continue reading
The National Association of Realtors’ latest volley in its case against the U.S. Department of Justice includes images from Merriam-Webster’s dictionary that define the words “close” and “open” — a stark example of how far apart the two sides are as th… Continue reading
Olympic gymnast Simone Biles and former NFL quarterback Drew Brees to speak at Realtors Conference & Expo in San Diego, plus much, much more. Continue reading
REX’s general counsel Michael Toth says the discount brokerage pays buyer agents in at least 40 percent of its list-side transactions. Continue reading