Nevada homeseller files yet another commission lawsuit

Angela Boykin is suing over a home sale from 2022. Her case is the second such recent lawsuit out of Nevada, and adds to the growing number of cases that have followed the Sitzer | Burnett verdict . Continue reading

‘The vibe is pretty good’ as first earnings season of 2024 kicks off

Ahead of Q4 earnings this week and next, analysts are narrowing in on the future — and pleased by lower rates and a healthier economy as it rebounds from the final months of 2023. Continue reading

Zillow revenue rises in Q4 as Barton touts portal’s ‘household name’

Despite a slower market, Zillow saw revenue from its residential, rental and mortgage business rise in the fourth quarter of 2023, according to an earnings call Tuesday. Continue reading

Utah homeseller files commission lawsuit against NAR, 13 others

The complaint — one of nearly two dozen targeting real estate’s long-standing commission-sharing structure — alleges that “most” buyer agents will steer clients away from listings that offer a lower commission. Continue reading

HomeServices wants US Supreme Court to weigh Sitzer | Burnett case

The franchisor filed a petition to the Supreme Court on Friday requesting the review of an earlier appeals court ruling barring it from enforcing arbitration agreements signed by seller clients. Continue reading

Keller Williams settles Sitzer, Moehrl commission suits for $70M

Under the proposed deal, Keller Williams must inform franchisees that offers of compensation are not required. It also agreed to revise training materials and end rules requiring agents to join NAR. Continue reading

NAR, KW and HomeServices seek new trial in Sitzer | Burnett suit

The defendants point to “legal errors at trial” they say justify setting aside the jury’s historic, multi-billion-dollar verdict and giving the defendants another chance to make their case in court. Continue reading

James Dwiggins: NAR needs a top-down overhaul

Ahead of Inman Connect New York this month, the NextHome CEO said NAR serves an important function, but needs a major fix to deal with challenges related to leadership and commission suits. Continue reading

How well do you remember 2023’s biggest real estate stories?

Scandals, lawsuits, technology and more dominated the headlines in what turned out to be one of real estate’s most eventful years in recent memory. Continue reading

NAR, franchisors ask for summary judgment in Moehrl suit

The National Association of Realtors, Keller Williams and HomeServices of America have all asked a federal judge in Illinois to rule in their favor before the Moehrl case goes to trial. Continue reading