Judge Stephen R. Bough said payouts and practice changes in NAR’s deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent “substantial benefits” for sellers. Continue reading
The ruling by Judge Stephen R. Bough on Thursday resolves antitrust claims in the Sitzer | Burnett, Moehrl and Nosalek commission cases. However, it won’t quash other existing suits from buyers. Continue reading
Q1 2024’s real estate earnings are in. CoStar and Rocket Mortgage excelled, while RE/MAX and Opendoor face challenges. We’ve compiled the key highlights in one place. Here’s what you might have missed. Continue reading
The plaintiffs in a suit known as Batton 1 have filed for a temporary restraining order preventing the final approval of the Keller Williams, Anywhere and RE/MAX settlements. Continue reading
Generated revenue remained flat at $1.1 billion from the same period a year ago while the franchisor improved net losses by 27 percent year over year to a loss of $101 million, according to a Thursday earnings call. Continue reading
Agent headcount — once a ubiquitous barometer of brokerage success — has faded, interviews and new Inman Intel Index results reveal. Instead, focus has shifted to “the better and best agents.” Continue reading
A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request. Continue reading
A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it’s now an unavoidable aspect of the job. Continue reading
The move comes two weeks after the National Association of Realtors signaled a $418M settlement of commission lawsuits. T3 Sixty said it will bring the ranking back when litigation is resolved. Continue reading
Howard Hanna had been one of several defendants in a case known as Batton 2, which was brought by homebuyers and has a much larger scope than some better-known cases. Continue reading