Tag Archives: commission lawsuits

Real estate myths BUSTED in 2024

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Cara Ameer writes that it’s more important than ever to tout the truth and legitimacy of what is involved with what real estate agents really do and what they are worth.  Continue reading →

Compass envisions recruitment opportunity in industry upheaval

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Rory Golod, Compass’ president of growth and communications, spoke to Inman about Clear Cooperation, commission settlements, franchising and much more. Continue reading →

The real estate industry is more politically split than you think

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Amid a tumultuous year for the real estate industry, Realtors have donated millions to political causes — and Democrats have managed to collect more than Republicans from the industry’s rank and file. Continue reading →

NAR asks court to dismiss lawsuit filed by discount brokerage Homie

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Lawyers for NAR, HomeServices of America, RE/MAX, Anywhere and HSF Affiliates denied claims of a conspiracy to inflate commissions, arguing that Homie would have benefitted from the plot. Continue reading →

Without these 2 policy changes, more antitrust suits are inevitable

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The legal scrutiny over antitrust practices has heightened, with a particular focus on policies that may stifle competition and hinder consumer choice, coach Darryl Davis writes. Continue reading →

In wake of commission suits, agents need a new title

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Reinforcing the fiduciary-level nature of our work as real estate agents has never been more important, Darryl Davis writes. We can start by ditching the outdated title of “Salesperson,” which does not adequately express our professional purpose. Continue reading →

2 more brokerages in the $2B club reach settlement agreements

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John L. Scott and Real Estate One reach settlement agreements in antitrust commission lawsuit filed in Missouri. Continue reading →

Illinois homebuyers file new class-action commission suit

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The suit names Equity Realtors, HomeSmart International and Fathom Realty as defendants. It also describes NAR as a co-conspirator, but doesn’t name the organization as a defendant. Continue reading →

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

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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 →

Industry heavy-hitters launch app that documents agents’ workflow

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Rayse, which the company has positioned as a way of “pushing back against the settlements,” is backed by Realtor associations, MLSs, brokerages and leaders, including co-CEO James Dwiggins. Continue reading →