After five years and nearly 100,000 hours of work, the law firms are asking a federal court for $82 million of the proposed settlements to be paid by Anywhere, Keller Williams and RE/MAX. Continue reading
Some Realtors and the attorney general in Washington, D.C., have come forward with criticism of Curbio. Executives say the complaints represent a tiny fraction of the thousands it has helped. Continue reading
Two consumers filed the class-action suit in the Circuit Court of Cook County. Unlike similar cases, the latest seeks to represent buyers and sellers — and only names Baird & Warner as a defendant. Continue reading
Pending home sales dropped off 4.9 percent between December and January and were down 8.8 percent year over year. Continue reading
Defendant MLS PIN and plaintiffs Jennifer Nosalek, Randy Hirschorn and Tracey Hirschorn asked a district court judge for permission to respond to a statement of interest the DOJ filed in the case. Continue reading
California resident Andrea Freedlund is suing on behalf of homesellers who paid a buyer agent in the four years before Redfin announced it was leaving NAR, according to a suit filed in federal court. Continue reading
Consumer watchdog CFA hails federal agency’s proposal to ban sellers from making compensation offers as a “major watershed” in promoting more competition in real estate. Continue reading
Existing-home sales struggled to break out of a winter slump, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 1.7 percent year-over-year… Continue reading
There are no funds under NAR’s policy available to pay for the cost of defending the Realtor associations nor their multiple listing services which have been sued, according to the trade group. Continue reading
The court dismissed a federal antitrust claim in the case known as Batton 1, but allowed state-law claims to proceed, partially due to the argument that commissions are baked into home prices. Continue reading