Author Archives: Andrea V. Brambila

Mega MLSs, but not NAR, settle pocket listing suit

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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 →

Top agents on AI: ‘It’s affordable leverage’ you can’t afford to ignore

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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 →

California commission lawsuit filed against NAR and 35 other entities

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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 →

Court says $200B commission suit against NAR must go forward

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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 →

Homeseller sues Nevada Realtors, NAR after $40K commission bill

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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 →

Latest homeseller suits in Arizona, New York target commission rules

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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 →

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 →

NAR President Tracy Kasper resigns, alleges blackmail

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The National Association of Realtors’ leader said she recently received a “threat to disclose a past personal, non-financial matter unless she compromised her position at NAR.” Continue reading →

Industry veteran Saul Klein replaces MLS CEO accused of theft

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Klein has been interim president of San Diego MLS since June, following the departure of former CEO Michael Mercurio, who allegedly embezzled $1 million from the San Diego Association of Realtors. Continue reading →

49% of agents sold either 1 home or none at all in the past year: CFA

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Agent “glut” means part-timers are now the majority, leading to “widespread incompetence and pressure to maintain high commission rates,” according to the Consumer Federation of America. Continue reading →