RE/MAX settles bombshell commission lawsuits for $55M

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

MLS PIN settlement approved after overcoming judge’s qualms

Judge Patti Saris, of the U.S. District Court in Massachusetts, preliminarily approved the deal after the settlement fund was restructured. Continue reading

What agents need to talk about when they talk about commissions

Now that Anywhere has announced a deal on the bombshell commission lawsuits, it’s time to take a look at the way you communicate with buyer clients moving forward. Trainer and author Bernice Ross offers a step by step guide to make sure you’ve got your… Continue reading

Is Anywhere’s settlement the first domino to fall? The Download

This week on The Download: Now that Anywhere has settled its portion of the bombshell commission lawsuit, who’s next? Continue reading

DelPrete: Legacy brokerages make strides, but upstarts have the edge

Shifts in the housing market are exposing underlying changes and the strengths and weaknesses of existing business models, including upstarts like The Real Brokerage, Mike DelPrete writes. Continue reading

Anywhere settles bombshell Sitzer and Moehrl commission lawsuits

Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to “change its practices.” Continue reading

Sue Yannaccone: Time to get the house in order

President and CEO of Anywhere Brands Sue Yannaccone writes that this is the time for leaders to find and use their voices so that the industry reflects the values it promotes. Continue reading

Agents: Kenny Parcell’s resignation is the ‘beginning’ of fixing NAR

Agents and industry leaders said National Association of Realtors President Kenny Parcell’s resignation is the first step in making the organization safer for female employees and members. Continue reading

NAR seeks to suppress DOJ probe from jury as commission trial nears

The National Association of Realtors filed four requests in the US District Court in Western Missouri on Thursday involving commission rule changes, government investigations and discrimination. Continue reading