Redfin CEO says ‘change is good’ in blog about commissions

Two days before the implementation of new cooperative compensation rules, Redfin CEO Glenn Kelman explained what the changes will mean for consumers and the industry at-large. Continue reading

More homebuyers sue to upend how real estate agents get paid

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

MLS PIN, Nosalek plaintiffs seek to delay DOJ response after NAR deal

They asked the court for more time to analyze the impact on their proposed settlement of NAR’s proposed rule change banning the MLS display of commissions offered to buyer brokers. Continue reading

Berkshire Hathaway Energy added to growing Gibson commission suit

Amended complaint alleges Warren Buffett’s company abused the trust inspired by his name to encourage homesellers to use HomeServices and further alleged price-fixing conspiracy. Continue reading

NAR: Commission suit insurance coverage ran out ‘some time ago’

There are no funds under NAR’s policy available to pay for the cost of defending the Realtor associations nor their multiple listing services which have been sued, according to the trade group. Continue reading

Sitzer | Burnett defendants bulk up lawyer bench to prep for appeal

The National Association of Realtors and Keller Williams have hired former U.S. solicitors general to help them beat back the multibillion-dollar verdict. Continue reading

NAR President addresses Realtors for first time since Sitzer verdict

In a five-minute video posted online Wednesday, NAR President Tracy Kasper urged Realtors to be transparent about commission negotiations as NAR gears up for a long legal battle ahead. Continue reading

‘Radical’ and ‘doomed’: The case against the ‘bombshell’ Moehrl suit

The real estate establishment’s latest salvo against the so-called “bombshell” buyers’ agent case is a sprawling, 3,000-word argument against granting class-action status in the Moehrl federal lawsuit. Continue reading