Keller Williams settles Batton commission lawsuit for $20M

The Batton cases are among those filed by homebuyers and have remained in litigation, even as suits from homesellers wound down. Continue reading

Ginger Wilcox: Real estate will ‘continue to see consolidation’

In her latest Interview, the Better Homes and Gardens Real Estate Brand president talks competition and the enduring appeal of legacy brands. Continue reading

MLS PIN wins final settlement approval in Nosalek case

A judge had previously granted preliminary approval of the $3.95M settlement, which removed the option to display offers of compensation to buyer brokers on the MLS. Continue reading

Coldwell Banker exec says current market is a ‘growth window’

Three days after his Gen Blue keynote, Coldwell Banker Affiliates President Jason Waugh sat down with Inman to talk about navigating market shifts and battling uncertainty. Continue reading

Buyer-broker commissions remain mostly steady since Aug. 17: Survey

Business has largely continued as usual with 63 percent of agents reporting that sellers are “frequently” covering buyer-broker commissions, according to a new Real Brokerage survey of 300 agents. Continue reading

Redfin expands new compensation plan to agents in 25 more markets

With the expansion, Redfin Next is now available to agents in 36 markets nationwide, according to an announcement Friday. Redfin execs said the plan has “proven to be even better” than expected. Continue reading

Homes.com gets analyst boost amid 567% annual traffic spike

Despite the initial controversy, Homes.com isn’t letting up on its traffic war with Zillow, Realtor.com and Redfin. The CoStar-owned portal reported late last week that it reached 149 million unique visitors in February, which equals a mind-boggling 56… Continue reading

Judge quashes REX retrial request in long-simmering feud with Zillow

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

In ‘sudden’ reversal, NAR says listing brokers can offer 0%

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

DOJ’s ‘concerns’ may jeopardize an MLS commission settlement

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