Attorney lays out how real estate can survive the commission suits

At Inman Connect, Ed Zorn proposed mandating buyer representation agreements, killing the MLS compensation field, adding a concession field, and creating a fund to pay out settlements. Continue reading

Nexthome CEO: Make buyers’ agent agreements a priority

James Dwiggins argued at Inman Connect New York that commission lawsuits and pressure from the feds is going to bring about change in the real estate industry. Continue reading

James Dwiggins: NAR needs a top-down overhaul

Ahead of Inman Connect New York this month, the NextHome CEO said NAR serves an important function, but needs a major fix to deal with challenges related to leadership and commission suits. Continue reading

From Sitzer to Moehrl, 2023 was the year of commission confusion

Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn’t the only lawsuit with commissions in the crosshairs. Continue reading

Appeals court weighs DOJ push to reopen NAR commission rule probe

A three-judge panel for the Washington, D.C., circuit seemed inclined to let the agency resume its probe into the National Association of Realtors’ cooperative compensation and pocket listing rules. Continue reading

Mark McLaughlin: Client trust is all that matters — all else is ‘noise’

Compass’ chief real estate strategist is speaking this week at the brokerage’s annual RETREAT on “The Future of the Industry and Client Representation.” In a recent conversation with Inman, he shared insights and predictions. Continue reading

NAR: ‘We have many grounds’ to appeal the Sitzer | Burnett verdict

The National Association of Realtors laid out its arguments to overturn the ruling Tuesday. The plaintiffs’ attorney said if the trade group doesn’t change, it risks an injunction and DOJ wrath. Continue reading

Commission lawsuits are piling up. Keep track of them all right here

In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate’s status quo. Here’s a rundown of all the cases. Continue reading

Sitzer | Burnett plaintiffs’ attorneys in talks with Department of Justice

Disrupting the National Association of Realtors’ use of multiple listing services as a “vehicle for higher commissions” is at the center of talks, lawyer Michael Ketchmark told Inman exclusively. Continue reading