Tag Archives: real estate board of new york

New commission lawsuit in New York may draw FTC attention

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The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied. Continue reading →

New bombshell lawsuit targets Texas Realtor orgs, local teams

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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 →

Commission lawsuits are piling up. Keep track of them all right here

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In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate’s status quo. Here’s a rundown of all the cases. Continue reading →

CoStar sees revenue, profit jump in Q3 despite slowing housing market

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In an earnings call Tuesday, the real estate giant pointed to its Apartments.com business as a particularly successful standout in an otherwise challenging market this summer. Continue reading →

NYC real estate commissions are all over the map: Consumer watchdog

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In a report on Wednesday, the Consumer Federation of America found the median commissions listing agents offered to buyer agents ranged from 1 percent in parts of Brooklyn to 3 percent in Manhattan. Continue reading →

CoStar debuts Citysnap search portal as Zillow rivalry continues

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The Citysnap real estate search portal includes homes for sale and rent in New York City. It also represents the latest chapter in a rivalry between CoStar and Zillow. Continue reading →

New York state makes remote online notarizations permanent

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With 10 other states authorizing RONs in 2021, California and North Carolina are among the more notable holdouts. Continue reading →

CoStar CEO likens Zillow’s StreetEasy to blackmail

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Andy Florance on Tuesday positioned his company’s upcoming New York City portal as an alternative to Zillow-owned StreetEasy. Continue reading →