Tag Archives: Antitrust

New commission lawsuit in New York may draw FTC attention

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The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied. Continue reading →

Moehrl trial shifts to early 2025 as HomeServices keeps skin in game

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The plaintiffs and defendants in the antitrust commission case indicated they would be available for a 3- to 4-week trial beginning Jan. 21, 2025, according to court filings earlier this week. Continue reading →

Moehrl attorney: Market shift after NAR settlement ‘will take time’

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Robby Braun, partner at Cohen Milstein Sellers & Toll, addresses “misconceptions” about the NAR deal’s impact and says Realtors who try to ignore the changes “will get left behind.” Continue reading →

MLS PIN, Nosalek plaintiffs seek to delay DOJ response after NAR deal

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They asked the court for more time to analyze the impact on their proposed settlement of NAR’s proposed rule change banning the MLS display of commissions offered to buyer brokers. Continue reading →

Who’s out: The brokerages not covered in the NAR settlement

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More than 90 brokerages would not be covered under the $418 million deal, though most have the option of buying in. Continue reading →

Court weighs $4.7B Sitzer ruling against last holdout HomeServices

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Sitzer | Burnett plaintiffs asked the court to order the Berkshire Hathaway affiliate to pay most of the nearly $5.4 billion damages award after NAR, Keller Williams, Anywhere and RE/MAX settle. Continue reading →

Sitzer | Burnett plaintiffs’ attorneys ask for a third of settlement payout

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After five years and nearly 100,000 hours of work, the law firms are asking a federal court for $82 million of the proposed settlements to be paid by Anywhere, Keller Williams and RE/MAX. Continue reading →

Berkshire Hathaway Energy added to growing Gibson commission suit

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Amended complaint alleges Warren Buffett’s company abused the trust inspired by his name to encourage homesellers to use HomeServices and further alleged price-fixing conspiracy. Continue reading →

Defendant, plaintiffs in Nosalek commission case unite against DOJ

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Defendant MLS PIN and plaintiffs Jennifer Nosalek, Randy Hirschorn and Tracey Hirschorn asked a district court judge for permission to respond to a statement of interest the DOJ filed in the case. Continue reading →

Survey supports Realtors’ claims that commissions are negotiable

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Only 31 percent of homebuyers or sellers try to negotiate a lower commission, but 64 percent of those who do succeed, LendingTree survey finds. Continue reading →