7 elements for crafting airtight contracts in a post-Sitzer world

As real estate continues to evolve in a post-Sitzer | Burnett era, contract documents are likely to be refined and modified to reflect current trends, broker Cara Ameer writes. Continue reading

What’s your biggest takeaway 1 year after the Sitzer verdict? Pulse

Now that a year has passed, what’s your biggest lesson learned since the Sitzer | Burnett verdict? How has your business changed, and have those changes been positive overall? Continue reading

Zillow finalizes lawsuit settlement with ARMLS, Metro MLS

Residential portal behemoth Zillow has settled its antitrust lawsuit against Arizona Regional Multiple Listing Service, Multiple Listing Service, Inc., over discontinuing its integration with ShowingTime+ in favor of MLS Aligned’s listing platform. Continue reading

Agent training, objection scripts on trial as Sitzer | Burnett ends Day 3

On Day 2 of witness testimony Wednesday, attorney Michael Ketchmark narrowed in on training materials and presentation slides he alleged violated antitrust policies held by the defendants. Continue reading

Gary Keller, Bob Goldberg among first to testify in Sitzer | Burnett

As the long-awaited commission trial begins, the Kansas City courtroom saw opening arguments followed by testimony from industry heavy-hitters including Gary Keller, NAR CEO Bob Goldberg and HomeServices of America President and CEO Gino Blefari. Continue reading

REX pivots to single-family rental market as its Hail Mary

Nearly two weeks after mass agent layoffs and the closure of two offices, controversial discount brokerage REX has yet to throw in the towel. Continue reading

Court tosses REX antitrust suit against Oregon anti-rebate law

Judge said discount brokerage had made ‘compelling arguments’ that law hurts consumers and artificially inflates home prices, but that states are immune from federal antitrust laws. Continue reading

Commission rules, lockbox access chief among threats to industry

At Coldwell Banker’s Gen Blue Experience event, Kalama Kim predicted that everything from a DOJ antitrust case to “marginal agents” could soon upend the real estate industry. Continue reading

NAR hit with yet another antitrust suit over buyer commissions

Another homeseller is challenging the sharing of real estate sales commissions between listing and buyer’s brokers, according to a new lawsuit. Continue reading