Tag Archives: sitzer

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 →

REMAX settles buyer commission lawsuit for $8.5M

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The company is the second firm to settle in a suit known as Batton. Keller Williams previously settled last month. Continue reading →

NAR’s Kevin Sears: We need to ‘show everybody that we as Realtors are pro-consumer’

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At the end of his historic two-year term as president of the National Association of Realtors, Kevin Sears reflects on his legacy, the DOJ, 50-year mortgages and more. Continue reading →

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

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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 →

More than 2.5M people have made commission settlement claims

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The company handling notifications has sent out more than 100 million emails notifying homesellers about the settlements — and is charging more than $32 million for its services. Continue reading →

Real estate agent commissions are not falling off a cliff

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A new Redfin report indicates that most consumers are still willing to pay for their real estate agents and that last year’s NAR rules have had minimal impacts on agent pay. 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 →

Commission settlement against Side and others gets first approval

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In addition to Side, the fast-moving case — known as Keel for its lead homeseller — names as defendants Washington Fine Properties, Seven Gables Real Estate, Brooklyn New York MLS and others. Continue reading →

Stay tuned: The tumult of 2024 leaves real estate on a cliffhanger

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What will happen with the commission litigation? Which companies may merge? How will consumers behave? The only thing that’s certain is that real estate’s next episode will be big. Continue reading →

Landmark NAR commission settlement faces first appeal

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A day after the settlement received final approval from Judge Stephen Bough, an entity known as Spring Way Center along with several homesellers appealed the deal. Continue reading →