In remarks made in Boston that were later posted online, new NAR President Kevin Sears declared business will change for Realtors — whether they embrace it or have it “forced down our throats.” Continue reading
Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn’t the only lawsuit with commissions in the crosshairs. Continue reading
A judge has granted preliminary approval of the franchisers’ multi-million dollar settlements in Sitzer | Burnett, Moehrl and Nosalek. Final approval may happen next year. Continue reading
A homebuilder and holding company filed the case Monday. But unlike other suits against NAR, this one lists the Texas Association of Realtors and other local organizations as defendants. Continue reading
New legal filings propose that MLS PIN class members from the Nosalek lawsuit be included in the “substantive terms” of the Sitzer/Burnett and Moehrl settlements with Anywhere and RE/MAX. Continue reading
The homeseller plaintiffs agreed to a two-month extension of deadlines related to a proposed deal with MLS PIN after the federal agency asked for time to assess the deal’s “competitive impact.” Continue reading
Judge Patti Saris, of the U.S. District Court in Massachusetts, said she “loved” the commission rule changes the deal includes, but didn’t think the litigation fund was fair for plaintiffs. Continue reading
Homesellers plan to use funds from MLS PIN, the largest multiple listing service in New England, to continue antitrust litigation against Anywhere, Keller Williams, RE/MAX and HomeServices. Continue reading
Judge M. Page Kelley pushed back against the real estate holding company formerly known as Realogy, noting that NAR’s buyer broker commission rule is “virtually identical” to that of MLS PIN. Continue reading
A federal court will hold oral arguments later this month on whether the franchisor’s implementation of the policy nationwide is relevant to the homesellers’ case in the MLS PIN service area. Continue reading