Court grants final approval to NAR’s landmark settlement deal

Judge Stephen R. Bough approved antitrust deals reached with the National Association of Realtors and HomeServices of America Tuesday afternoon. Continue reading

Court grants final approval to NAR’s landmark settlement deal

Judge Stephen R. Bough approved antitrust deals reached with the National Association of Realtors and HomeServices of America Tuesday afternoon. Continue reading

Objections fly in against NAR and HomeServices settlement deals

The proposed settlements seek to cover too many claims for too little money and let too many in the industry have a “free pass,” more than a dozen homesellers argued ahead of a Nov. 26 decision. Continue reading

Industry heavy-hitters launch app that documents agents’ workflow

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

Attorneys request $226M from NAR and HomeServices deals

Law professor estimates the plaintiffs’ law firms are asking for only 3 percent of the total value of the deals when ‘historic’ business practice changes are taken into account. Continue reading

HomeServices commission settlement gets prelim approval

HomeServices previously agreed to pay $250 million to settle various commission suits. A final approval hearing is set for November. Continue reading

No HomeServices deal yet, months after settlement announcement

The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250 million in April. Continue reading

Defendants fight to get homebuyer commission suits tossed

The National Association of Realtors, Keller Williams, Anywhere, RE/MAX, Compass, eXp and others offered a slew of arguments for why the Batton 1 and Batton 2 cases should be thrown out. Continue reading

Federal courts hand HomeServices a win (and a loss) in Sitzer | Burnett

The U.S. Supreme Court denied the real estate franchisor’s request for consideration on Monday, but the plaintiffs won’t be able to lay $4.7 billion in damages at HomeServices’ feet — at least not yet. Continue reading

HomeServices tells court it’s too early for $4.7B Sitzer ruling

The Berkshire Hathaway affiliate says final judgment in the case shouldn’t come before settlements are finalized, a process the franchisor does not expect to be “uncontroversial.” Continue reading