A U.S. District Court judge granted class certification in one of two federal commission lawsuits that could rock the real estate industry and impact how agents are compensated nationwide. Continue reading
As oral arguments began Monday in the federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR’s commission policy would look like and why they believe Keller is leading an antitrust conspiracy. Continue reading
An analysis of the association’s petition offers a step-by-step timeline of the events leading up to the DOJ’s launch of a new probe into NAR rules. Continue reading
Court rules that discovery will continue amid coronavirus outbreak in suit against NAR, Realogy, Keller Williams, RE/MAX and HomeServices of America. Continue reading
Plaintiffs in an antitrust lawsuit that could shake up the real estate industry have subpoenaed mortgage giants Fannie Mae and Freddie Mac, sharpening scrutiny of real estate commissions nationwide. The subpoenas were issued by the smaller of two bombs… Continue reading
It was a big year for MLSs — pocket listings, bombshell lawsuits and the relentless march of technology all dominated MLS news. Here are the most noteworthy trends. Continue reading
NAR commissioned the report for the trade group’s Strategic Thinking Advisory Committee. Among the top 10 dangers noted were “Commissions spiral downward.” Continue reading
In a new filing Monday, DOJ claims the National Association of Realtors is ‘inaccurately portraying’ a 2008 consent decree in its defense in buy-side commission lawsuit. Continue reading
The National Association of Realtors’ bid to transfer the smaller of two bombshell commission lawsuits in order to consolidated them has failed, likely making the 1.3 million-member trade group’s legal fight costlier. Continue reading
Three additional plaintiffs have been added to a lawsuit involving the sharing of commissions between listing and buyer brokers. Continue reading