Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to “change its practices.” Continue reading
Real estate professionals are preparing for painful changes and the upending of the status quo if courts rule in favor of plaintiffs in two key lawsuits, a survey on commissions conducted by Intel shows. Continue reading
The National Association of Realtors filed four requests in the US District Court in Western Missouri on Thursday involving commission rule changes, government investigations and discrimination. Continue reading
In a Friday brief, the Department of Justice argued the National Association of Realtors’ pocket listing and commission rules need “to be assessed on their merits” on whether they cost American homebuyers billions of dollars a year. Continue reading
At Inman CEO Connect, Russ Cofano, James Dwiggins and Greg Robertson debated the changes that agents and brokers may see as a result of homeseller lawsuits and government interference. Continue reading
At Inman Connect Las Vegas, real estate broker and attorney Kendall Bonner urged the industry to be proactive instead of waiting to be legally “bullied” into change. Continue reading
In a “friend of the court” brief, the Chamber said the government should have to keep its promise to not investigate the National Association of Realtors’ commission and pocket listing policies. Continue reading
In a new brief, NAR claims the DOJ’s argument for resuming its probe would “destabilize the law.” The agency has sought to overturn an earlier ruling that quashed a request for more information. Continue reading
Helping your clients understand the psychology of a changing market will make the job of selling their home much easier, writes trainer Bernice Ross. Continue reading
The Sitzer/Burnett antitrust case is set to begin Oct. 16 but could be moved to February. The court denied the franchisor’s request to change the date because it conflicts with KW’s Family Reunion. Continue reading