Industry heavy-hitters launch app that documents agents’ workflow

Rayse, which the company has positioned as a way of “pushing back against the settlements,” is backed by Realtor associations, MLSs, brokerages and leaders, including co-CEO James Dwiggins. Continue reading

Invitation Homes to pay $48M to settle tenant ‘junk fee’ claims

The FTC alleges the company advertised monthly rental rates that did not include mandatory “hidden” fees that could add up to more than $1,700 per year. Continue reading

NAR rival AREA launches petition to end Clear Cooperation Policy

The American Real Estate Association’s call to end NAR’s pocket rule has drawn more than 2,000 signatures since Friday, according to group co-founder Jason Haber, a Compass agent. Continue reading

Buyer commission suit against Hanna adds new, familiar plaintiffs

There are now more than two dozen named plaintiffs in an antitrust case against the parent company of Howard Hanna, several of them also plaintiffs in other buyer commission suits. Continue reading

Attorneys request $226M from NAR and HomeServices deals

Law professor estimates the plaintiffs’ law firms are asking for only 3 percent of the total value of the deals when ‘historic’ business practice changes are taken into account. Continue reading

New forms aim to sidestep NAR settlement, law professor warns

In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer. Continue reading

Consumer group: Stop trying to ‘force’ sellers to pay buyer brokers

Doug Millier and Wendy Gilch of Consumer Advocates in American Real Estate revealed to Inman on Tuesday the origins of the Moehrl case while sending a warning that the industry will be “under a microscope.” Continue reading

Consumer group behind Moehrl flags commission workarounds

Doug Miller of Consumer Advocates in American Real Estate, the initiator behind the first bombshell antitrust lawsuit, sounds alarm against Realtor talking points that “continue steering.” Continue reading

Consumer group behind Moehrl flags commission workarounds

Doug Miller of Consumer Advocates in American Real Estate, the initiator behind the first bombshell antitrust lawsuit, sounds alarm against Realtor talking points that “continue steering.” Continue reading

When is a buyer contract required? At showings — but not open houses

The National Association of Realtors’ proposed settlement agreement requires brokers and agents to sign contracts with buyers they’re “working with.” But what exactly does that mean? Continue reading