Tag Archives: NAR settlement

The number of settlement appeals is totally bananas: The Download

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Buyers and sellers who feel like the commission settlements didn’t go far enough are fighting back in court, and the cases are bunching up. Continue reading →

‘NAR swat team’ strikes Arizona home in wild new marketing video

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The Instagram video shows agents with “NAR” along the back of swat team jackets bursting into a home before tackling, tasing and hogtying a Realtor who failed to remove an offer from the MLS. Continue reading →

Judge denies stay order after plaintiffs argue against NAR deal

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Attorneys for the plaintiffs in a case now known as Moratis stress that NAR’s proposed settlement won’t stop “a key element of the antitrust conspiracy” and might take years to go into effect. Continue reading →

Countdown as firms not covered by NAR settlement face tough choice

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Brokerages and MLSs have until 11:59 p.m. CST Tuesday to opt in to deals resolving antitrust claims brought by sellers targeting commissions. Inman contacted 79 brokerages for their updates. Continue reading →

Confident in NAR settlement, Payload releases direct-to-buyer billing

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Payload’s new tools give agents flexible ways to securely charge and claim funds from consumers that will emphasize flexible methods of payment, transparency, and brokerage-level oversight and reporting. Continue reading →

Gitcha leverages proposed NAR settlement to bolster buyers

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A new company called Gitcha has launched which prioritizes an active buyer’s needs in the same way a portal advertises available listings. It’s active in the greater Phoenix MSA, including Scottsdale. Continue reading →

Will dual agency become common after NAR’s settlement?

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Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as “double ending.” Continue reading →

Commission disclosure platform aims to sidestep NAR, MLS rules

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Nesthook claims it allows agents to “communicate commission amounts while remaining fully compliant with settlement requirements.” Whether it runs afoul of the new rules remains unclear. Continue reading →

Bright MLS will allow sellers to offer concessions upon listing

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In response to NAR’s proposed settlement, the nation’s second largest MLS will add data fields on June 11 allowing sellers to signal they’re willing to offer buyer concessions when they list a home. Continue reading →

‘It’s an arms race’: How portals are adapting to the commission crunch

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The upending of NAR’s cooperative compensation rule is a double-edged sword for Zillow and its rivals, experts told Inman. These are the tools and tactics they’re adopting to suit the moment. Continue reading →