The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors’ commission settlement, according to a new Inman analysis. Continue reading
At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Mark your calendars: The U.S. Department of Justice will… Continue reading
MLS PIN on Monday urged a district court to reject the Department of Justice’s arguments against a settlement with homeseller plaintiffs in the Nosalek antitrust commission case. Continue reading
The franchisors are not required to implement the business practice changes they agreed to until after the appeals process. Continue reading
A provision in NAR’s settlement barring listing agents from offering buyer agents compensation is “largely symbolic,” USC professor Jordan Barry said Friday at a University of Minnesota conference. Continue reading
They asked the court for more time to analyze the impact on their proposed settlement of NAR’s proposed rule change banning the MLS display of commissions offered to buyer brokers. 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
Confused about commission cases? Bernice Ross provides the rundown on what you need to know, what’s most likely to change, how it may impact your pocketbook and steps to take to be prepared for what’s ahead. 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
The Department of Justice said a proposed settlement in the major antitrust lawsuit might itself violate federal law and said buyers should negotiate their broker’s commission directly. Continue reading