No HomeServices deal yet, months after settlement announcement

The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250 million in April. Continue reading

Zoom in closer: 4 regional housing insights from the Inman Intel Index

These times have been hard on nearly every real estate business. But different parts of the country report unique challenges and business approaches, as illustrated by Intel’s monthly gauge of industry sentiment. Continue reading

Buyer appeals Keller Williams, Anywhere, RE/MAX settlements

The franchisors are not required to implement the business practice changes they agreed to until after the appeals process. Continue reading

60-day clock begins for brokerages seeking to opt into $418M NAR deal

Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered. Continue reading

John Davis settles sex misconduct claims as contempt deadline looms

The former Keller Williams CEO no longer faces allegations of sexual misconduct, but Gary Keller, Josh Team and KW are asking the court to hold him in contempt. He has until Friday to respond. Continue reading

DOJ to Nosalek judge: Broker commissions should be decoupled

The Department of Justice said a proposed settlement in the major antitrust lawsuit might itself violate federal law and said buyers should negotiate their broker’s commission directly. Continue reading

HomeServices wants US Supreme Court to weigh Sitzer | Burnett case

The franchisor filed a petition to the Supreme Court on Friday requesting the review of an earlier appeals court ruling barring it from enforcing arbitration agreements signed by seller clients. Continue reading

DOJ’s ‘concerns’ may jeopardize an MLS commission settlement

The antitrust enforcer suggests the rule changes in the proposed deal don’t go far enough. Plaintiffs’ attorneys say the agency has failed to articulate its specific concerns. Continue reading

MLS PIN settlement approved after overcoming judge’s qualms

Judge Patti Saris, of the U.S. District Court in Massachusetts, preliminarily approved the deal after the settlement fund was restructured. Continue reading