Weichert, following eXp again, suffers settlement setback

The company’s request to pause one case while cutting a deal in another was just denied. The denial highlights a controversy over a settlement method known as a “reverse auction.” Continue reading

As NAR settlement wins approval, Batton II commission lawsuit grows

Twenty-two homebuyers across 19 states were added to the list of plaintiffs in the Batton case Tuesday while eXp continued to push for a delay in a separate commission case known as Gibson. Continue reading

NAR’s settlement is up for final approval. Here’s why that matters

The National Association of Realtors settlement became the inciting incident for the most disruptive year for real estate in living memory. A judge is now expected to approve the deal Tuesday afternoon. Continue reading

Buyer-broker agreement may limit how brokers compete, DOJ warns

Ahead of a final Nov. 26 approval hearing on NAR’s proposed class-action settlement, DOJ lawyers narrowed in on a provision requiring written agreements between buyers and agents before tours. Continue reading

After NAR NXT, it’s clear: NAR is leading us into more lawsuits 

This is a moment of transformation in our industry, and you have a choice: adapt or fall behind, coach Darryl Davis writes. Don’t wait for the market to dictate your future. Take control.  Continue reading

Mauricio Umansky: To be great, ‘you have to dare to be bad’

The Agency CEO this week predicted more change ahead for the real estate industry, said agents are angry, and argued in favor of raising the bar for obtaining a real estate license. Continue reading

Impact of NAR’s commission rule change illuminated in Q3 earnings

In the wake of the National Association of Realtors’ 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows. Continue reading

Weichert follows eXp Realty’s lead in settling commission lawsuits

Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp’s settlement in that case sparked pushback from plaintiffs in a different lawsuit. Continue reading

Mortgage segment stands tall as Zillow posts revenue growth in Q3

Zillow tallied $581 million in revenue between July and September, according to Q3 earnings released Wednesday. Revenue from the portal’s mortgage business hit $39 million, a 63 percent increase from 2023. Continue reading

What’s your biggest takeaway 1 year after the Sitzer verdict? Pulse

Now that a year has passed, what’s your biggest lesson learned since the Sitzer | Burnett verdict? How has your business changed, and have those changes been positive overall? Continue reading