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

Zillow sued over allegedly ‘deceptive’ Flex agent tactics

A homebuyer represented by the law firm involved in the Moehrl commission lawsuit is targeting Zillow in a new class-action case that alleges the listing portal has used “deceptive and illegal” practices to inflate homebuyer costs. Continue reading

Real estate still adapting to a new normal one year after new NAR rules

Here’s what’s changed, and what hasn’t, one year after the National Association of Realtors rolled out new rules as part of a sprawling antitrust commission settlement Continue reading

Low-fee brokers can offer quality, full service for less: Watchdog

“All low-commission brokers employ at least some competent, experienced agents,” but sellers should comparison shop, according to a new analysis by advocacy group Consumer Policy Center. Continue reading

How NAR, MLSs and Zillow use market power to serve themselves

Think these real estate industry mainstays are doing what’s best for members and real estate pros? Think again, authors and agents Hans and Steve Wydler write. Continue reading

Judge rebuffs bid to transfer case over alleged eXp ‘sweetheart deal’

A federal judge in Georgia has rejected a bid to transfer a case against eXp Realty and Weichert to a federal court in Missouri over allegations the companies negotiated a “sweetheart deal” to resolve commission-related antitrust claims against them na… Continue reading

Agents report falling commissions. But that’s not their top concern

More agents say their clients are successfully negotiating lower commissions than they’ve traditionally earned, according to preliminary results from the latest Inman Intel Index survey. Continue reading

Fetch Agent promises to catch ‘motivated buyers’

Fetch Agent calls itself a “cutting-edge platform that humanizes the house-hunting experience by seamlessly connecting homebuyers directly with buyer’s agents to find their next home.” Continue reading

Judge denies Crye-Leike claim that it’s covered by NAR settlement

The Memphis-based brokerage had argued in court that it was made up of six distinct and separate companies that should be covered under the settlement by the National Association of Realtors. Continue reading

Legal tit-for-tat pulls back curtain on eXp’s ‘sweetheart’ settlement

In new court filings, eXp, Weichert and plaintiffs share new details about how settlement negotiations in the Gibson case fell apart before the brokerage moved to settle in a case called Hooper. Continue reading