MLS PIN settlement approved after overcoming judge’s qualms

Judge Patti Saris, of the U.S. District Court in Massachusetts, preliminarily approved the deal after the settlement fund was restructured. Continue reading

Anywhere settles bombshell Sitzer and Moehrl commission lawsuits

Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to “change its practices.” Continue reading

NAR seeks to suppress DOJ probe from jury as commission trial nears

The National Association of Realtors filed four requests in the US District Court in Western Missouri on Thursday involving commission rule changes, government investigations and discrimination. Continue reading

Judges deny HomeServices appeal, clearing way for October Sitzer trial

The ruling against HomeServices of America in federal court on Wednesday sets the stage for a likely Oct. 16 start for the first of two highly anticipated bombshell commission trials later this year. Continue reading

Bright MLS breaks with NAR policy on commissions

Starting Aug. 9, the nation’s second-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright. Continue reading

Keller Williams says ruling could hurt its defense in commission trial

The Sitzer/Burnett antitrust case is set to begin Oct. 16 but could be moved to February. The court denied the franchisor’s request to change the date because it conflicts with KW’s Family Reunion. Continue reading

Judge narrows in on trial date for bombshell commission lawsuit

If the parties don’t settle, expect a lengthy trial for the Moehrl homesellers’ case against NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America. Continue reading

Long & Foster taps new CEO, president following resignations

The announcement follows the resignations of former Long & Foster Companies President and CEO Jeff Detwiler and former Long & Foster Real Estate President Boomer Foster, which were made public at the beginning of this week. Continue reading

BHHS Chair on housing market angst: ‘This too shall pass’

No matter what the market’s doing, the way you show up is the biggest factor in determining your outcomes. Jimmy Burgess talks with Gino Blefari, CEO, HomeServices of America and Chairman, Berkshire Hathaway HomeServices, about where we’ve been, where … Continue reading

Pacaso firms up co-ownership union with HomeServices of America

Pacaso’s model gives luxury agents something new to offer clients, as well as opens their representation services to buyers who were once shutout of the traditional second-home market. Continue reading