There are no funds under NAR’s policy available to pay for the cost of defending the Realtor associations nor their multiple listing services which have been sued, according to the trade group. Continue reading
The court dismissed a federal antitrust claim in the case known as Batton 1, but allowed state-law claims to proceed, partially due to the argument that commissions are baked into home prices. Continue reading
The Department of Justice said a proposed settlement in the major antitrust lawsuit might itself violate federal law and said buyers should negotiate their broker’s commission directly. Continue reading
Joseph Lenz is a managing director and co-head of research at TPG Angelo Gordon. He becomes the 13th member of Anywhere’s board this week after the franchising giant added a seat. Continue reading
Guy Gal spoke out last week about the challenges of 2023 and the way agents can avoid falling prey to negativity even during tough times. Continue reading
In a video that abruptly vanished from NAR’s website Wednesday before resurfacing, Wright said the group does not set commissions — a practice it isn’t currently being accused of — and welcomed competition from AREA. Continue reading
Scandals, lawsuits, technology and more dominated the headlines in what turned out to be one of real estate’s most eventful years in recent memory. Continue reading