A brave new world awaits the real estate industry. Are you prepared?

Beginning Saturday, new rules around commissions take effect, paving the way for the biggest shift in real estate in at least a generation. It’s a brave new world, and it begins this weekend. Continue reading

Are we allowed to let clients know about concessions upfront?

With all the commission confusion surrounding the new rule implementation, compliance expert Summer Goralik answers your burning questions. Continue reading

Is it possible to market a seller wanting to offer a concession?

With all the commission confusion as we near the Aug. 17 implementation deadline, compliance expert Summer Goralik is here to answer your burning questions, starting with concessions. Continue reading

Appeals court denies NAR rehearing request of DOJ probe

The latest order by the Court of Appeals in Washington, D.C., means the DOJ is free to reopen its investigation into the National Association of Realtors. Continue reading

DOJ has close eye on settlement workarounds, NAR President says

In a statement sent to NAR members, Kevin Sears confirmed executives of the trade organization met with Assistant Attorney General Jonathan Kanter last week to discuss settlement updates. Continue reading

MLS PIN forges ahead with rule changes over DOJ objections

Effective immediately, listing brokers and agents can submit for-sale listings to the MLS without offering any cooperating compensation to the buyer broker. Continue reading

Meet the companies offering commission-sharing workarounds

NAR’s landmark settlement bars sellers’ agents from offering commissions to buyers’ agents in the MLS. A batch of new companies are stepping in to fill the void. Continue reading

Judge denies stay order after plaintiffs argue against NAR deal

Attorneys for the plaintiffs in a case now known as Moratis stress that NAR’s proposed settlement won’t stop “a key element of the antitrust conspiracy” and might take years to go into effect. Continue reading

DOJ inquiry delays settlement-related document rollout at CAR

The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the U.S. Department of Justice. Continue reading

‘Not warranted’: DOJ pushes back against NAR rehearing request

The U.S. Department of Justice on Monday argued NAR “does not identify any errors of law or fact meriting panel rehearing” over whether the antitrust enforcer can reopen its probe into NAR rules. Continue reading