In ‘sudden’ reversal, NAR says listing brokers can offer 0%
An attorney for the Sitzer/Burnett homeseller plaintiffs calls the change a “stunning admission of guilt” on the eve of a class-action trial set to start Oct. 16. Continue reading
An attorney for the Sitzer/Burnett homeseller plaintiffs calls the change a “stunning admission of guilt” on the eve of a class-action trial set to start Oct. 16. Continue reading
The homeseller plaintiffs agreed to a two-month extension of deadlines related to a proposed deal with MLS PIN after the federal agency asked for time to assess the deal’s “competitive impact.” Continue reading
The antitrust enforcer suggests the rule changes in the proposed deal don’t go far enough. Plaintiffs’ attorneys say the agency has failed to articulate its specific concerns. Continue reading
A judge struck down claims that defendants conspired to “fix,” “maintain” and “increase” prices for buyer brokerage services, but allowed claims they sought to “control” prices to proceed. Continue reading
Inga Dow filed a notice in the U.S. District Court for Northern Texas on Monday dismissing claims against all but former KW CEO John Davis, who she said harassed and abused her while KW did nothing. Continue reading
Coupled with findings of an internal investigation made public this month, the memo addressed to Donna Gland reveals NAR was aware of a “hostile, toxic work environment” as early as March 2022. Continue reading
Employees of the trade group demanded the departures of NAR CEO Bob Goldberg, President Tracy Kasper, Chief Legal Officer Katie Johnson and head of HR Donna Gland on Monday. Continue reading
The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including “no longer forcing homesellers to pay buyer’s agents.” Continue reading
Judge Patti Saris, of the U.S. District Court in Massachusetts, preliminarily approved the deal after the settlement fund was restructured. Continue reading
Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to “change its practices.” Continue reading