Tag Archives: MLS & Associations

NAR agrees to settle commission lawsuits for $418M

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NAR would agree not to create rules that allow listing agents to set compensation for buyer brokers as part of the settlement. Continue reading →

Illinois Supreme Court says Chicago tax hike can move ahead

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A fiscal watchdog also released a report warning that Chicago leaders may not have studied the issue thoroughly before putting it on the March 19 ballot. Continue reading →

Zenlist to power mobile search for Midwest Real Estate Data

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Members of multiple listing service Midwest Real Estate Data (MRED) will have enhanced, collaborative functionality with clients and listings in the mobile environment because of a partnership with business app Zenlist. Continue reading →

Case-Shiller is a go-to source for prices — but know these blind spots

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Repeat-sales models have been the gold standard in home-price tracking for decades. Intel examines what they miss, and what some data providers are doing to fill in the gaps. Continue reading →

Sitzer | Burnett plaintiffs’ attorneys ask for a third of settlement payout

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After five years and nearly 100,000 hours of work, the law firms are asking a federal court for $82 million of the proposed settlements to be paid by Anywhere, Keller Williams and RE/MAX. Continue reading →

Berkshire Hathaway Energy added to growing Gibson commission suit

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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 →

9 post-Sitzer questions we still don’t have answers to

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Change always brings chaos and disruption, broker Cara Ameer writes. While many of these issues have been lurking in the background before we knew what Sitzer | Burnett was, they illustrate the work that remains to be done. Continue reading →

The new agent’s essential guide to the commission lawsuits

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Confused about commission cases? Bernice Ross provides the rundown on what you need to know, what’s most likely to change, how it may impact your pocketbook and steps to take to be prepared for what’s ahead. Continue reading →

Defendant, plaintiffs in Nosalek commission case unite against DOJ

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Defendant MLS PIN and plaintiffs Jennifer Nosalek, Randy Hirschorn and Tracey Hirschorn asked a district court judge for permission to respond to a statement of interest the DOJ filed in the case. Continue reading →

Redfin in crosshairs as new lawsuit targets buyer-broker commissions

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California resident Andrea Freedlund is suing on behalf of homesellers who paid a buyer agent in the four years before Redfin announced it was leaving NAR, according to a suit filed in federal court. Continue reading →