Tag Archives: buyer broker commissions

Bright MLS breaks with NAR policy on commissions

By | | Uncategorized
Comments Off on Bright MLS breaks with NAR policy on commissions

Starting Aug. 9, the nation’s second-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright. Continue reading →

DOJ appeals NAR win in probe of commission, pocket listing rules

By | | Uncategorized
Comments Off on DOJ appeals NAR win in probe of commission, pocket listing rules

The antitrust enforcer wants a higher court to overturn a ruling that limits its investigation into the Realtor trade group’s Participation Rule and Clear Cooperation Policy. Continue reading →

Nearly two-thirds of brokerage sites aren’t displaying commissions

By | | Uncategorized
Comments Off on Nearly two-thirds of brokerage sites aren’t displaying commissions

Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined. Continue reading →

4 commission charts that explain both sides of the Moehrl conflict

By | | Uncategorized
Comments Off on 4 commission charts that explain both sides of the Moehrl conflict

The homeseller plaintiffs hope to show the need for change in how agents are paid, while NAR and major real estate franchisors aim to show the status quo is working just fine. Continue reading →

It’s baaack! Homebuyer commission suit against NAR rises from ashes

By | | Uncategorized
Comments Off on It’s baaack! Homebuyer commission suit against NAR rises from ashes

On Wednesday, eight homebuyers filed an amended complaint, once thought to be dead, against NAR, Realogy, Keller Williams and others alleging NAR rules have inflated agent commissions. Continue reading →

KW demands REX turn over audio recordings in commission suit

By | | Uncategorized
Comments Off on KW demands REX turn over audio recordings in commission suit

The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case. Continue reading →

Gary Keller singled out as ‘head of conspiracy’ as federal commission lawsuit accelerates

By | | Uncategorized
Comments Off on Gary Keller singled out as ‘head of conspiracy’ as federal commission lawsuit accelerates

As oral arguments began Monday in the federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR’s commission policy would look like and why they believe Keller is leading an antitrust conspiracy. Continue reading →

From hate speech to antitrust: The year in MLSs and associations

By | | Uncategorized
Comments Off on From hate speech to antitrust: The year in MLSs and associations

2021 came with Realtor misbehavior, rising legal and regulatory scrutiny and MLSs becoming tech investors after Zillow’s acquisition of ShowingTime. Continue reading →

‘Highly uniform’ commissions designed to thwart competition: study

By | | Uncategorized
Comments Off on ‘Highly uniform’ commissions designed to thwart competition: study

The Consumer Federation of America pushes for an end to the sharing of commissions between listing and buyer brokers to spur price competition. Continue reading →

5 ways NAR’s annual conference changed the future of real estate

By | | Uncategorized
Comments Off on 5 ways NAR’s annual conference changed the future of real estate

The trade group changed real estate listings nationwide, made buyer agent compensation more transparent, declared a divisive symbol discriminatory and turned the gender divide on its head. Continue reading →