NAR settlement appeals add up as law professor signals new objection

University at Buffalo contracts law professor Tanya Monestier on Monday informed Judge Stephen Bough she would follow in the footsteps of fellow objectors who have appealed the Nov. 26 ruling. Continue reading

Judge lays out reasoning for NAR settlement approval

Judge Stephen R. Bough overruled all objections to the National Association of Realtors and HomeServices deals and awarded attorneys one-third of the settlement amounts as requested. Continue reading

Proposed NAR settlement ‘worst of all possible worlds’: Law professor

Tanya Monestier says the settlement “reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it” as attorneys walk away with $333 million in cash. Continue reading

Watchdog group takes aim at California buyer rep agreements

New report shines light on buyer representation agreements as brokerages and Realtor organizations move to update forms and comply with legal settlements this summer. Continue reading