Tag Archives: Settlement

Crye-Leike joins efforts to remove judge overseeing Gibson lawsuit

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Meanwhile, EXIT Realty reaches a proposed settlement with the homeseller plaintiffs in the case. Continue reading →

Judge won’t approve MLS PIN commission deal without changes

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U.S. District Judge Patti Saris asked the DOJ Antitrust Division for evidence that offers of compensation in the MLS are anticompetitive and harm consumers. Continue reading →

Judge rebuffs bid to transfer case over alleged eXp ‘sweetheart deal’

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A federal judge in Georgia has rejected a bid to transfer a case against eXp Realty and Weichert to a federal court in Missouri over allegations the companies negotiated a “sweetheart deal” to resolve commission-related antitrust claims against them na… Continue reading →

Sellers, MLS PIN slam DOJ claims in Nosalek case: ‘DOJ is simply wrong’

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Plaintiffs and defendant MLS Property Information Network agree that approximately 75 percent of sellers are opting out of offering compensation to buyer agents in the multiple listing service. Continue reading →

Sellers, MLS PIN slam DOJ claims in Nosalek case: ‘DOJ is simply wrong’

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Plaintiffs and defendant MLS Property Information Network agree that approximately 75 percent of sellers are opting out of offering compensation to buyer agents in the multiple listing service. Continue reading →

Suing brokers increasingly chafe at NAR rules and reputation

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Turn up the volume on your real estate success at Inman On Tour: Nashville! Connect with industry trailblazers and top-tier speakers to gain insights, cutting-edge strategies, and invaluable connections. Elevate your business and achieve your boldest g… Continue reading →

NAR makes $197M commission suit settlement payment

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At least some of the payout will come from NAR’s reserve funds, including operating reserves and those collected from members specifically for lobbying and to advertise the Realtor brand. Continue reading →

Sibcy Cline settlement makes it past 1st round in court

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Judge Stephen R. Bough of the U.S. District Court for the Western District of Missouri granted preliminary approval to the $895,000 deal, finding it “fair, reasonable and adequate.” Continue reading →

Top-performing agents reap spoils of widening commission gap: Poll

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The advantages of the industry’s most prolific agents may be growing even more pronounced in the post-settlement landscape, according to an Inman Intel Index poll of real estate professionals. Continue reading →

The rich get richer? How NAR’s deal is widening the commission gap

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For most, the rise of negotiated compensation for buyer’s agents hasn’t dramatically pushed down commissions — yet. But new rules may be benefiting top performers, new Intel polling shows. Continue reading →