In a video that abruptly vanished from NAR’s website Wednesday before resurfacing, Wright said the group does not set commissions — a practice it isn’t currently being accused of — and welcomed competition from AREA. Continue reading
NAR was dismissed without paying any money or making any rule changes, but The PLS says it can reopen the case if they don’t come to a deal. Continue reading
At Inman Connect, Ed Zorn proposed mandating buyer representation agreements, killing the MLS compensation field, adding a concession field, and creating a fund to pay out settlements. Continue reading
The portal executive also declared that she didn’t think the “Your Listing, Your Lead” approach of Homes.com serves either agents or consumers well. Continue reading
CRMLS, Bright MLS and MRED told the U.S. District Court of the Central District of California’s Western Division they had reached a deal “in principle” with ThePLS.com. Continue reading
Grab the opportunity, Carrie McCormick of Christie’s International Real Estate, Carrie Soave of eXp Realty and Karen Stone of Engel & Volkers told Inman Connect New York attendees. Continue reading
Homesellers allege 36 Realtor association, brokerage, and multiple listing service defendants conspired to inflate buyer broker commissions in violation of state and federal antitrust laws. Continue reading
A federal court judge denied a request from the defendants to suspend the case pending the outcome of post-trial motions after the Sitzer | Burnett verdict. Continue reading
Las Vegas resident Nathaniel Whaley alleges the National Association of Realtors, the Northern Nevada Regional MLS and state and local Realtor groups conspired to inflate broker commissions. Continue reading
Class-action complaints filed by Joseph Masiello and Robert Friedman join chorus of litigation nationwide objecting to trade group rules requiring sellers to offer compensation to buyer brokers. Continue reading