MLS PIN on Monday urged a district court to reject the Department of Justice’s arguments against a settlement with homeseller plaintiffs in the Nosalek antitrust commission case. Continue reading
Pennsylvania homeseller Spring Way Center is seeking to overturn the court approval of deals reached with Anywhere, Keller Williams and RE/MAX to resolve antitrust commission suits. Continue reading
Plaintiffs’ lawyer Michael Ketchmark vowed legal action to enforce deal: “Anyone who thinks they can send a few emails or bury their head in the sand and avoid the application of the law is wrong.” Continue reading
The franchisors are not required to implement the business practice changes they agreed to until after the appeals process. Continue reading
In response to NAR’s proposed settlement, the nation’s second largest MLS will add data fields on June 11 allowing sellers to signal they’re willing to offer buyer concessions when they list a home. Continue reading
Northwest MLS says banning compensation in the MLS restricts consumer choice and transparency. Plaintiffs’ attorney Michael Ketchmark says “the fox is guarding the chicken house.” Continue reading
NAR’s legal team, president and chief economist defended the group’s cooperative compensation rule and used journalists as a scapegoat repeatedly during midyear panels earlier this month. Continue reading
May 6 remarks from Anthony Lamacchia spurred at least one NAR midyear attendee to leave the MLS Forum in protest, others to hurl steering accusations, and NAR’s senior counsel to intervene. Continue reading
Judge Stephen R. Bough said payouts and practice changes in NAR’s deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent “substantial benefits” for sellers. Continue reading
The ruling by Judge Stephen R. Bough on Thursday resolves antitrust claims in the Sitzer | Burnett, Moehrl and Nosalek commission cases. However, it won’t quash other existing suits from buyers. Continue reading