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

Mega MLSs, but not NAR, settle pocket listing suit

CRMLS, Bright MLS and MRED told the U.S. District Court of the Central District of California’s Western Division they had reached a deal “in principle” with ThePLS.com. Continue reading

Local Logic’s ‘NeighborhoodIntel’ platform rolls out for 85K agents

The platform will be rolled out to more than 85,000 real estate agents in the coming weeks through an integration with BeachesMLS, MLSListings and REcolorado, it was announced this week. Continue reading

Inman debuts inaugural class of New York Power Brokers

With this new honor, Inman celebrates the individuals who are making it happen in the Big Apple, one of the country’s most competitive real estate markets. Continue reading

Judge quashes REX retrial request in long-simmering feud with Zillow

Federal Judge Thomas S. Zilly declined REX’s motion for a retrial on Thursday. The company had been a years-long battle with Zillow over alleged antitrust activity regarding its IDX policies. Continue reading

California commission lawsuit filed against NAR and 35 other entities

Homesellers allege 36 Realtor association, brokerage, and multiple listing service defendants conspired to inflate buyer broker commissions in violation of state and federal antitrust laws. Continue reading

Court says $200B commission suit against NAR must go forward

A federal court judge denied a request from the defendants to suspend the case pending the outcome of post-trial motions after the Sitzer | Burnett verdict. Continue reading

Homeseller sues Nevada Realtors, NAR after $40K commission bill

Las Vegas resident Nathaniel Whaley alleges the National Association of Realtors, the Northern Nevada Regional MLS and state and local Realtor groups conspired to inflate broker commissions. Continue reading