Disrupting the National Association of Realtors’ use of multiple listing services as a “vehicle for higher commissions” is at the center of talks, lawyer Michael Ketchmark told Inman exclusively. Continue reading
The $4.5 million agreement follows similar settlements with “big four” title insurance underwriters Fidelity National Financial, Old Republic National Title Insurance and Stewart Title Guaranty. Continue reading
Although you need to be careful with ChatGPT and other AI platforms, they can offer a great resource for idea generation. We asked for ideas on handling objections and got some surprisingly solid suggestions.
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The plaintiffs in a class action antitrust suit challenging the real estate industry’s commission structure took to the stand Wednesday and Thursday to make the case that the practice of homesellers paying buyer agents is “unfair.” Continue reading
The allegations, the high-profile witnesses slated to testify and all the evidence the jury will and won’t see — it’s all here as the long-awaited Sitzer | Burnett commission trial unfolds this week. Continue reading
An attorney for the Sitzer/Burnett homeseller plaintiffs calls the change a “stunning admission of guilt” on the eve of a class-action trial set to start Oct. 16. Continue reading
The homeseller plaintiffs agreed to a two-month extension of deadlines related to a proposed deal with MLS PIN after the federal agency asked for time to assess the deal’s “competitive impact.” Continue reading
The antitrust enforcer suggests the rule changes in the proposed deal don’t go far enough. Plaintiffs’ attorneys say the agency has failed to articulate its specific concerns. Continue reading
A judge struck down claims that defendants conspired to “fix,” “maintain” and “increase” prices for buyer brokerage services, but allowed claims they sought to “control” prices to proceed. Continue reading
The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including “no longer forcing homesellers to pay buyer’s agents.” Continue reading