Tag Archives: settlement agreement

NAR reaches $52.25M settlement in buy-side commission case

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The organization announced on Friday that it had reached a broad agreement to protect members and MLSs from buyer-led cases. No new practice changes will be required. Continue reading →

MLS PIN wins final settlement approval in Nosalek case

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A judge had previously granted preliminary approval of the $3.95M settlement, which removed the option to display offers of compensation to buyer brokers on the MLS. Continue reading →

Orlando Realtors and Supra settle case alleging member poaching

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The Orlando Regional Realtor Association (ORRA) and the parent company of the lockbox firm informed the court they had agreed to terms. Continue reading →

DOJ signals withdrawal of MLS PIN settlement objection in Nosalek

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The fourth amended settlement, if approved, would prohibit offers of cooperative compensation on MLS PIN’s platform and raises the total proposed settlement fund from $3 million to $3.95 million. Continue reading →

Howard Hanna demands judge’s recusal over political donations

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Undisclosed political donations to Judge Stephen Bough’s wife have been called a disqualifying conflict of interest in a commission case known as Gibson. Continue reading →

Commissions have fallen for homes above $500K, Redfin says

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Overall buyer’s agent commissions average 2.37 percent, essentially unchanged since August. Commissions rose for homes below $500,000, according to the new report. Continue reading →