Tag Archives: commission lawsuits

Judges decline to ‘centralize’ commission lawsuits for now

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A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request. Continue reading →

R New York becomes 1st big brokerage to join NAR challenger

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With the addition, roughly 800 agents will boost the American Real Estate Association’s membership by nearly 30 percent to about 3,800 members. Continue reading →

Real Brokerage agrees to pay $9.25M to settle commission suits

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The Real Brokerage agreed to change business operations as part of its proposed settlement agreement in Umpa v. NAR. Continue reading →

Forget the NAR settlement. New development transactions still pay

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As brokerages pivot to specialized training meant to empower buyer agents, new-home sales still provide plenty of opportunities for intrepid Realtors, development specialist Hana Cha writes. Continue reading →

Leo Pareja tapped as eXp Realty’s new CEO, relieving Glenn Sanford

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Pareja, who joined eXp Realty in 2022, previously served as its chief strategy officer. Founder Glenn Sanford will remain with the firm as CEO of parent company eXp World Holdings. Continue reading →

It’s up to you to make lemonade out of a sour NAR settlement situation

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Consumers have been given a front-row seat to the chaos unfolding in our industry, Rachael Hite writes. As the situation unravels, who will make lemonade, and who will continue to feast on sour grapes? Continue reading →

NAR’s settlement paints a murky commission picture for consumers

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CEO Sean Frank writes that an unintended consequence of MLS changes following on the heels of the NAR settlement is that the dynamics of real estate transactions become less transparent to the very individuals they are meant to serve: buyers and sellers. Continue reading →

T3 Sixty nixes this year’s Mega 1000 list in wake of NAR settlement

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The move comes two weeks after the National Association of Realtors signaled a $418M settlement of commission lawsuits. T3 Sixty said it will bring the ranking back when litigation is resolved. Continue reading →

Will uncertainty drive agents out? Maybe — but don’t let it be you

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After the National Association of Realtor’s proposed settlement, Coldwell Banker Realty President and CEO Kamini Lane offers 3 tips for agents amid commission compression chaos. Continue reading →

RE/MAX President: ‘It’s time to take back our No. 1 market share’

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In her first keynote as RE/MAX president, Amy Lessinger addressed market headwinds, buyer-broker commissions, homebuyer agreements and plans to revive the franchisor’s U.S. operations. Continue reading →