New bombshell lawsuit targets Texas Realtor orgs, local teams

A homebuilder and holding company filed the case Monday. But unlike other suits against NAR, this one lists the Texas Association of Realtors and other local organizations as defendants. Continue reading

NAR will argue for ‘complete reversal’ of Sitzer | Burnett verdict

The National Association of Realtors’ legal team on Monday blamed the ruling on the judge. The plaintiffs’ attorney, meanwhile, said NAR hadn’t “learned anything” from its “resounding defeat.” Continue reading

Collabra appoints former Bright MLS exec to board of directors

David Charron joins Collabra’s board as the real estate technology and analytics company makes a bid to partner with more multiple listing services. Continue reading

NAR NXT: Everything to know as the annual conference begins

The National Association of Realtors’ NAR NXT Conference is gearing up for a week in Anaheim, California. Here’s a rundown of the schedule plus the sessions and events you can’t afford to miss. Continue reading

South Carolina homesellers latest in line to sue NAR, Keller Williams

A new commission lawsuit filed Monday seeking class-action status alleges sellers encountered “illogical, harmful, irrational and anticompetitive effects” of NAR’s cooperative compensation rule. Continue reading

Donna Gland, longtime NAR HR Chief, set to retire after 38 years

Some NAR staffers and members had called for Gland’s resignation, alleging she allowed a toxic work environment to flourish. Continue reading

Mother of all commission suits filed in Illinois, this time by homebuyers

“Batton 2,” exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another new suit called Gibson. 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

Compass trims losses, improves cash flow despite Q3 revenue dip

The brokerage saw revenue fall 10 percent year over year, but also managed to cut net losses from $154 million in the third quarter of last year to $39 million this time around, according to a Q3 earnings call Monday. Continue reading