Judges deny HomeServices appeal, clearing way for October Sitzer trial

The ruling against HomeServices of America in federal court on Wednesday sets the stage for a likely Oct. 16 start for the first of two highly anticipated bombshell commission trials later this year. Continue reading

‘Get a lawyer to look at it’: Mike DelPrete on incentive split pitfalls

Some real estate agents are earning tons in extra splits from their brokerages, the real estate advisor told Intel. Everything seems great — until they’re told to pay it back in full. Continue reading

Court deals blow to NAR, KW, Anywhere in commission suit

The judge denied requests filed by NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America, allowing the Sitzer/Burnett case to continue toward a new October trial date. Continue reading

Florida first state to sue MV Realty over 40-year homeowner contracts

Following the launch of an investigation by regulators in North Carolina last month, Florida’s attorney general’s office says MV Realty’s business practices “shock the conscience.” Continue reading

‘Homeowner benefit agreements’ in spotlight amid MV Realty probe

North Carolina regulators are investigating alleged predatory and deceptive practices by Florida-based MV Realty, which operates in 33 states and has more than 500 licensed agents. Continue reading

MLS-listed homes sell for more, a new study claims. But there’s 1 twist

Critics raise issues over conclusion that listing homes on the MLS is what caused higher sales prices and faster transactions, especially if NAR rules mean MLSs have a thumb on the scale. Continue reading

WATCH: Mike DelPrete on the end of the ‘sustained unprofitability’ era

“Cash is king,” the real estate analyst argued during his opening address at Inman Connect Las Vegas. His point was that losing money has turned from an advantage to a liability. Continue reading

‘Longstanding conspiracy’: Why the bombshell commission suit matters

Millions of homesellers across the country may be able to seek billions in damages for commissions they paid to buyer agents between 2015 and 2020. Here’s why it matters. Continue reading

30+ how-tos to keep your finances in check

There are so many financial aspects of the business, and yet one thing we hear over and over again, is that not enough is taught on the topic. So, we rounded up some sage advice from contributors to help guide you on the areas that might be new or long… Continue reading

REX abandons antitrust case against Oregon rebate ban

REX, which offers buyers commission rebates, filed suit against Oregon officials in December 2020. Continue reading