In a new brief, the former pocket listing service argues that NAR limited competition to its Realtor-affiliated MLSs “by conspiring to destroy the livelihood of any dissenting real estate agent.” Continue reading
As the hurricane approaches, likely thousands of Realtors have had their flights canceled and are unable to reschedule, waiting to see if their reservations hold or exploring travel alternatives. Continue reading
In a report on Wednesday, the Consumer Federation of America found the median commissions listing agents offered to buyer agents ranged from 1 percent in parts of Brooklyn to 3 percent in Manhattan. Continue reading
An appeals court allowed The PLS’s case against the Clear Cooperation Policy to proceed in April, but NAR hopes a review from the nation’s highest court will change that. Continue reading
A legal battle of wills rages on as the three parties have motions to compel pending before the court. On Tuesday, REX pushed back against Zillow’s motion to compel, calling it a “fishing expedition.” Continue reading
In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX. Continue reading
On Wednesday, eight homebuyers filed an amended complaint, once thought to be dead, against NAR, Realogy, Keller Williams and others alleging NAR rules have inflated agent commissions. Continue reading
The trade group highlighted its own members — including Zillow, Compass, Redfin, Homie, Opendoor and Offerpad — among those whom it’s competing with for consumer mindshare. Continue reading
A presidential advisory group of Realtors and staff will probe the impact of digital money in the real estate industry, with a potential eye toward completely digitizing the transaction process. Continue reading
In a new report alleging the majority of commissions are nearly identical in 35 U.S. cities, the Consumer Federation of America said offers to buyer agents should be legally prohibited. Continue reading