The U.S. Supreme Court denied the real estate franchisor’s request for consideration on Monday, but the plaintiffs won’t be able to lay $4.7 billion in damages at HomeServices’ feet — at least not yet. Continue reading
A provision in NAR’s settlement barring listing agents from offering buyer agents compensation is “largely symbolic,” USC professor Jordan Barry said Friday at a University of Minnesota conference. Continue reading
A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request. Continue reading
On the “Real Estate Insiders Unfiltered” podcast Tuesday, Sears said interim CEO Nykia Wright has agreed to extend her contract through the end of 2024 as NAR executives focus on the road ahead. Continue reading
That includes benefits for first-time homebuyers, who might be better served by inexperienced agents. However, some benefits require changes from mortgage lenders, consumer watchdog says. Continue reading
In another loss for the National Association of Realtors, the court ruled the U.S. Department of Justice can reopen its investigation into rules around commission sharing. Continue reading
Pareja, who joined eXp Realty in 2022, previously served as its chief strategy officer. Founder Glenn Sanford will remain with the firm as CEO of parent company eXp World Holdings. Continue reading
Consumers have been given a front-row seat to the chaos unfolding in our industry, Rachael Hite writes. As the situation unravels, who will make lemonade, and who will continue to feast on sour grapes? Continue reading
Consumer misconceptions following the NAR settlement are wild. Jimmy Burgess talks to Keeping Current Matters CEO David Childers on how to communicate with today’s buyers and sellers. Continue reading
The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied. Continue reading