Tag Archives: sitzer

Zillow to offer short-term ‘non-exclusive’ touring contracts

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The new touring agreements will last seven days and are a response to terms contained in recent commission lawsuit settlements. Continue reading →

Court weighs $4.7B Sitzer ruling against last holdout HomeServices

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Sitzer | Burnett plaintiffs asked the court to order the Berkshire Hathaway affiliate to pay most of the nearly $5.4 billion damages award after NAR, Keller Williams, Anywhere and RE/MAX settle. Continue reading →

Howard Hanna dismissed from mother of all commission suits

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Howard Hanna had been one of several defendants in a case known as Batton 2, which was brought by homebuyers and has a much larger scope than some better-known cases. Continue reading →

Nevada homeseller files yet another commission lawsuit

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Angela Boykin is suing over a home sale from 2022. Her case is the second such recent lawsuit out of Nevada, and adds to the growing number of cases that have followed the Sitzer | Burnett verdict . Continue reading →

‘The vibe is pretty good’ as first earnings season of 2024 kicks off

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Ahead of Q4 earnings this week and next, analysts are narrowing in on the future — and pleased by lower rates and a healthier economy as it rebounds from the final months of 2023. Continue reading →

Zillow revenue rises in Q4 as Barton touts portal’s ‘household name’

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Despite a slower market, Zillow saw revenue from its residential, rental and mortgage business rise in the fourth quarter of 2023, according to an earnings call Tuesday. Continue reading →

Utah homeseller files commission lawsuit against NAR, 13 others

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The complaint — one of nearly two dozen targeting real estate’s long-standing commission-sharing structure — alleges that “most” buyer agents will steer clients away from listings that offer a lower commission. Continue reading →

HomeServices wants US Supreme Court to weigh Sitzer | Burnett case

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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 →

Keller Williams settles Sitzer, Moehrl commission suits for $70M

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Under the proposed deal, Keller Williams must inform franchisees that offers of compensation are not required. It also agreed to revise training materials and end rules requiring agents to join NAR. Continue reading →

NAR, KW and HomeServices seek new trial in Sitzer | Burnett suit

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The defendants point to “legal errors at trial” they say justify setting aside the jury’s historic, multi-billion-dollar verdict and giving the defendants another chance to make their case in court. Continue reading →