7 elements for crafting airtight contracts in a post-Sitzer world

As real estate continues to evolve in a post-Sitzer | Burnett era, contract documents are likely to be refined and modified to reflect current trends, broker Cara Ameer writes. Continue reading

‘Thank u, NXT:’ NAR steers clear of Clear Cooperation at its big event

A National Association of Realtors spokesperson told Inman that the trade organization is continuing to gather feedback on the pocket listing rule through “many channels.” Continue reading

What’s your biggest takeaway 1 year after the Sitzer verdict? Pulse

Now that a year has passed, what’s your biggest lesson learned since the Sitzer | Burnett verdict? How has your business changed, and have those changes been positive overall? Continue reading

Gibson commission case sees 4 more settlements

NextHome, the Keyes Company, John L. Scott Real Estate and the K Company Realty have agreed to pay a combined total of nearly $5 million. Continue reading

A year after the Sitzer verdict, here are my top 5 takeaways

As she reflects on the historic decision and the current state of the industry, broker Cara Ameer offers thoughts on how far we’ve come and where we still need to go. Continue reading

Brokerages and non-Realtor MLSs settle antitrust suits for $30M

Fifteen MLSs and 13 brokerages that chose to opt-in to NAR’s commission settlement will cough up an additional $30,587,754 in compensation to sellers, raising the settlement fund to nearly $450 million. Continue reading

NAR Chief Legal Officer Katie Johnson is ‘stepping down’

After a decade leading the trade group’s legal team — including through sexual harassment scandals and numerous anti-trust commission lawsuits — Johnson is leaving. Continue reading

Attorneys request $226M from NAR and HomeServices deals

Law professor estimates the plaintiffs’ law firms are asking for only 3 percent of the total value of the deals when ‘historic’ business practice changes are taken into account. Continue reading

When is a buyer contract required? At showings — but not open houses

The National Association of Realtors’ proposed settlement agreement requires brokers and agents to sign contracts with buyers they’re “working with.” But what exactly does that mean? Continue reading

The commission change mega-FAQ you need to start the historic week

Now that the “New Normal” has officially begun, it’s time to answer the frequently asked questions agents and brokerages have about the newly implemented commission settlement rule changes. Continue reading