Plaintiffs allege REBNY and dozens of real estate brokerages perpetrated a “wholly separate conspiracy” from the claims resolved by the NAR settlement, but defendants disagree. Continue reading
REBNY members on Wednesday demonstrated against the FARE Act, a bill that would require rental property owners to cover the cost of broker fees, rather than pass them off on tenants. Continue reading
The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied. Continue reading
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
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
As Sitzer | Burnett unfolds, the New York City trade association announced the upcoming rule change amid a nationwide reevaluation of buyer commission structures. Continue reading
The latest report from the Real Estate Board of New York finds Class A office buildings have higher occupancy rates. Continue reading
The brokerage sent a letter to the District Court for the Southern District of New York seeking to settle its dispute with the Real Estate Board of New York, or REBNY, outside of the courtroom. Continue reading
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
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