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
HomeServices previously agreed to pay $250 million to settle various commission suits. A final approval hearing is set for November. Continue reading
The franchisors are not required to implement the business practice changes they agreed to until after the appeals process. Continue reading
NAR’s legal team, president and chief economist defended the group’s cooperative compensation rule and used journalists as a scapegoat repeatedly during midyear panels earlier this month. Continue reading
The plaintiffs in a suit known as Batton 1 have filed for a temporary restraining order preventing the final approval of the Keller Williams, Anywhere and RE/MAX settlements. Continue reading
The Gibson and Umpa cases allege Berkshire Hathaway Energy, eXp, Redfin, Weichert, United Real Estate, Douglas Elliman, HomeSmart and others conspired against homesellers nationwide. Continue reading
Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered. Continue reading
The plaintiffs and defendants in the antitrust commission case indicated they would be available for a 3- to 4-week trial beginning Jan. 21, 2025, according to court filings earlier this week. Continue reading
Robby Braun, partner at Cohen Milstein Sellers & Toll, addresses “misconceptions” about the NAR deal’s impact and says Realtors who try to ignore the changes “will get left behind.” Continue reading
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward. Continue reading