An order from Judge LaShonda A. Hunt in the Batton homebuyer case struck down a proposed class of plaintiffs that included substantial overlap with the class in the now-settled Burnett lawsuit. Continue reading
Attorneys from Hagens Berman have urged consumers that have sold a home since 2021 with the aid of an “online real estate agent” to reach out to the firm since they may be eligible for compensation as a result of “deceptive practices” by the real estat… Continue reading
The company handling notifications has sent out more than 100 million emails notifying homesellers about the settlements — and is charging more than $32 million for its services. Continue reading
The federal law enforcement agency withdrew objections to a fourth proposed settlement between plaintiffs and MLS PIN Tuesday, but cautioned that the MLS was not immune to future legal action. Continue reading
The fourth amended settlement, if approved, would prohibit offers of cooperative compensation on MLS PIN’s platform and raises the total proposed settlement fund from $3 million to $3.95 million. Continue reading
Some respondents to Inman’s Pulse survey seemed furious about the determination, while others were pleased, especially at the fact that CCP had been preserved. Still, multiple respondents simply expressed confusion over the new policy. Continue reading
Agents and brokers need to step up by embracing transparency and allowing consumers to negotiate commissions, the duo said during an Inman on Tour panel in Nashville Tuesday morning. Continue reading
Despite modest commission compression following the NAR settlement, agents are approaching conversations around compensation with less fear, according to the latest Intel Index survey data. Continue reading
Bondi affirmed that the enforcement of antitrust laws would be a “priority” for her as Attorney General, which suggests that the real estate industry should be prepared for investigations into its practices to continue in full force. Continue reading
Despite an array of significant stories throughout 2024, none could surpass the industry-shaking news of NAR agreeing to settlement terms in the wake of antitrust commission lawsuits that would forever reshape how agents and brokers do business. Continue reading