Tag Archives: sitzer

Real estate giants’ COVID-19 motion fails to stop commission lawsuit

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Court rules that discovery will continue amid coronavirus outbreak in suit against NAR, Realogy, Keller Williams, RE/MAX and HomeServices of America. Continue reading →

Fannie Mae, Freddie Mac subpoenaed in commission lawsuit

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Plaintiffs in an antitrust lawsuit that could shake up the real estate industry have subpoenaed mortgage giants Fannie Mae and Freddie Mac, sharpening scrutiny of real estate commissions nationwide. The subpoenas were issued by the smaller of two bombs… Continue reading →

2019 was the year of the Multiple Listing Service

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It was a big year for MLSs — pocket listings, bombshell lawsuits and the relentless march of technology all dominated MLS news. Here are the most noteworthy trends. Continue reading →

T3 Sixty ‘Danger’ report emerges as latest hitch in NAR lawsuit

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NAR commissioned the report for the trade group’s Strategic Thinking Advisory Committee. Among the top 10 dangers noted were “Commissions spiral downward.” Continue reading →

DOJ filing indicates wider probe into buyer’s broker commissions

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In a new filing Monday, DOJ claims the National Association of Realtors is ‘inaccurately portraying’ a 2008 consent decree in its defense in buy-side commission lawsuit. Continue reading →

NAR will have to fight commission battles on two fronts

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The National Association of Realtors’ bid to transfer the smaller of two bombshell commission lawsuits in order to consolidated them has failed, likely making the 1.3 million-member trade group’s legal fight costlier. Continue reading →

Bombshell suit against real estate firms could get even bigger

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Three additional plaintiffs have been added to a lawsuit involving the sharing of commissions between listing and buyer brokers. Continue reading →