The proposed settlements seek to cover too many claims for too little money and let too many in the industry have a “free pass,” more than a dozen homesellers argued ahead of a Nov. 26 decision. Continue reading
The Orlando Regional Realtor Association alleges the lockbox company used its confidential member list to entice members to join rival trade groups, but the company denies the allegations. Continue reading
Tanya Monestier says the settlement “reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it” as attorneys walk away with $333 million in cash. Continue reading
In a recent webinar, Spencer Rascoff, James Dwiggins and Jack Miller discussed the future of commissions and why agents and brokers should pay attention to their legal risk. Continue reading
The Opportunity Report calls for NAR to regain the trust of its members by making political advocacy its central mission, sunsetting the three-way agreement and reforming its governance. Continue reading
Maurice Muhammad alleges a “monopoly” by NAR, the state Realtor association and the local MLS limits competition, inflates prices, and disproportionately affects minority brokers and agents. Continue reading
In a webinar Tuesday, Keller Williams’ Jeff Hickey, NextHome’s James Dwiggins, Miami MLS’s Liz Sturrock and Seven Gables’ Mike Hickman clashed over the future of NAR’s pocket listing rule. Continue reading
The flat-fee brokerage dismissed its antitrust case against the MLS but kept as defendants Keller Williams, the National Association of Realtors, Anywhere, HomeServices of America and RE/MAX. Continue reading
On Friday, the franchisor and plaintiffs told the court they had finalized the deal terms earlier this month and expect to file a joint case dismissal by November. Continue reading
The Park City Board of Realtors informed the National Association of Realtors it would no longer require agents to comply with the pocket listing rule due to fear of litigation. Continue reading