Tag Archives: commission lawsuits

As NAR settles, real estate braces for seismic shift: The Download

By | | Uncategorized
Comments Off on As NAR settles, real estate braces for seismic shift: The Download

Everything you know about commissions is poised to change as NAR reaches a massive $418 million settlement. Continue reading →

WATCH LIVE: Ed Zorn, NextHome CEO on the $418M NAR settlement

By | | Uncategorized
Comments Off on WATCH LIVE: Ed Zorn, NextHome CEO on the $418M NAR settlement

NextHome CEO James Dwiggins, Strategic Officer Keith Robinson and Ed Zorn, the California Regional MLS general counsel, tackle NAR’s big settlement. Stream it live, exclusively at Inman. Continue reading →

NAR agrees to settle commission lawsuits for $418M

By | | Uncategorized
Comments Off on NAR agrees to settle commission lawsuits for $418M

NAR would agree not to create rules that allow listing agents to set compensation for buyer brokers as part of the settlement. Continue reading →

Elephant in the room: What execs revealed about commissions in Q4

By | | Uncategorized
Comments Off on Elephant in the room: What execs revealed about commissions in Q4

In the wake of legal settlements in two of the largest commission lawsuits, RE/MAX and Anywhere revealed their paths forward to investors in Q4 earnings calls last month. Intel reads the tea leaves. Continue reading →

Berkshire Hathaway Energy added to growing Gibson commission suit

By | | Uncategorized
Comments Off on Berkshire Hathaway Energy added to growing Gibson commission suit

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 →

How far would you go to protect your buyer clients? The Download

By | | Uncategorized
Comments Off on How far would you go to protect your buyer clients? The Download

The Consumer Federation of America, an industry watchdog, says that the buyer agreements you’re depending on are woefully inadequate to properly protect homebuyers. Continue reading →

9 post-Sitzer questions we still don’t have answers to

By | | Uncategorized
Comments Off on 9 post-Sitzer questions we still don’t have answers to

Change always brings chaos and disruption, broker Cara Ameer writes. While many of these issues have been lurking in the background before we knew what Sitzer | Burnett was, they illustrate the work that remains to be done. Continue reading →

The new agent’s essential guide to the commission lawsuits

By | | Uncategorized
Comments Off on The new agent’s essential guide to the commission lawsuits

Confused about commission cases? Bernice Ross provides the rundown on what you need to know, what’s most likely to change, how it may impact your pocketbook and steps to take to be prepared for what’s ahead. Continue reading →

Compass lifts agent count in Q4 but falls short of positive cash flow

By | | Uncategorized
Comments Off on Compass lifts agent count in Q4 but falls short of positive cash flow

The fast-growing brokerage also suffered a net loss of $83.7 million in the quarter, which was an improvement compared to the loss one year earlier. Continue reading →

Survey supports Realtors’ claims that commissions are negotiable

By | | Uncategorized
Comments Off on Survey supports Realtors’ claims that commissions are negotiable

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 →