Pocket listing suit against NAR ‘paused’ for settlement talks
NAR was dismissed without paying any money or making any rule changes, but The PLS says it can reopen the case if they don’t come to a deal. Continue reading
NAR was dismissed without paying any money or making any rule changes, but The PLS says it can reopen the case if they don’t come to a deal. Continue reading
At Inman Connect, Ed Zorn proposed mandating buyer representation agreements, killing the MLS compensation field, adding a concession field, and creating a fund to pay out settlements. Continue reading
CRMLS, Bright MLS and MRED told the U.S. District Court of the Central District of California’s Western Division they had reached a deal “in principle” with ThePLS.com. Continue reading
Federal Judge Thomas S. Zilly declined REX’s motion for a retrial on Thursday. The company had been a years-long battle with Zillow over alleged antitrust activity regarding its IDX policies. Continue reading
Homesellers allege 36 Realtor association, brokerage, and multiple listing service defendants conspired to inflate buyer broker commissions in violation of state and federal antitrust laws. Continue reading
A federal court judge denied a request from the defendants to suspend the case pending the outcome of post-trial motions after the Sitzer | Burnett verdict. Continue reading
Las Vegas resident Nathaniel Whaley alleges the National Association of Realtors, the Northern Nevada Regional MLS and state and local Realtor groups conspired to inflate broker commissions. Continue reading
Class-action complaints filed by Joseph Masiello and Robert Friedman join chorus of litigation nationwide objecting to trade group rules requiring sellers to offer compensation to buyer brokers. Continue reading
The defendants point to “legal errors at trial” they say justify setting aside the jury’s historic, multi-billion-dollar verdict and giving the defendants another chance to make their case in court. Continue reading
Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn’t the only lawsuit with commissions in the crosshairs. Continue reading