NAR scores a victory in buyer commission lawsuit

An order from Judge LaShonda A. Hunt in the Batton homebuyer case struck down a proposed class of plaintiffs that included substantial overlap with the class in the now-settled Burnett lawsuit. Continue reading

Where else is Zillow not enforcing its private listing ban?

Zillow acknowledged last week that it wasn’t enforcing its private listings rule in Chicagoland, opening the question of where else the standards might not be in effect. Continue reading

Zillow defends private listing rule, criticizes Compass in new filing

The portal argued that it is allowed to display whatever it wants on its own website, that it’s not a monopoly and that its rule governing private listings does not hurt Compass. Continue reading

Realtor.com puts ‘spotlight’ on listing agents with new feature

Realtor.com has released Spotlight Listings, a new marketing tool that enables agents to drive additional traffic to their listings. Spotlight’s launch coincides with a major update to Local Expert, a lead generation tool that gives agents prominent pl… Continue reading

NAR’s Kevin Sears: We need to ‘show everybody that we as Realtors are pro-consumer’

At the end of his historic two-year term as president of the National Association of Realtors, Kevin Sears reflects on his legacy, the DOJ, 50-year mortgages and more. Continue reading

NAR membership must be a choice — for agents, brokers, consumers

The trade group’s control over membership, access and pricing exacerbates risk for members and the clients they serve each day. Continue reading

Zillow calls Chicago’s Private Listing Network a ‘hidden listing scheme’

Zillow delayed the rollout of its ban on privately marketed listings in the nation’s third largest market, but the portal appears ready to crack down on widely used Private Listing Network. Continue reading

It’s ‘difficult’ for buyers ‘to negotiate lower commission rates,’ watchdog says

The Consumer Policy Center says that buyer’s agents have learned to hedge against the newfound ability of buyers and sellers to negotiate rates. Continue reading

Compass targets Zillow’s warnings to agents in new brief

In a brief issued ahead of a hearing in its case against Zillow, Compass homed in on the listing portal’s powers of “intimidation” in issuing warnings to agents that violate its listing standards. Continue reading