Judge lays out reasoning for NAR settlement approval

Judge Stephen R. Bough overruled all objections to the National Association of Realtors and HomeServices deals and awarded attorneys one-third of the settlement amounts as requested. Continue reading

Landmark NAR commission settlement faces first appeal

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

Court grants final approval to NAR’s landmark settlement deal

Judge Stephen R. Bough approved antitrust deals reached with the National Association of Realtors and HomeServices of America Tuesday afternoon. Continue reading

Court grants final approval to NAR’s landmark settlement deal

Judge Stephen R. Bough approved antitrust deals reached with the National Association of Realtors and HomeServices of America Tuesday afternoon. Continue reading

NAR’s settlement is up for final approval. Here’s why that matters

The National Association of Realtors settlement became the inciting incident for the most disruptive year for real estate in living memory. A judge is now expected to approve the deal Tuesday afternoon. Continue reading

Award per homeseller in Sitzer is about $913 and getting smaller

Over 491,000 homesellers have filed claims for a portion of the $700 million raised by real estate settlements in Sitzer, with more to come before May 2025 deadline. Continue reading

Proposed NAR settlement ‘worst of all possible worlds’: Law professor

Tanya Monestier says the settlement “reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it” as attorneys walk away with $333 million in cash. Continue reading

Law professor creates contract with buyer interests in mind

University of Buffalo contracts law professor Tanya Monestier’s sample form makes clear the buyer is on the hook for buyer broker compensation so long as they successfully close a deal. Continue reading

New forms aim to sidestep NAR settlement, law professor warns

In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer. Continue reading

Listing agreement slammed as CFA resumes California Realtors probe

The second report by the Consumer Federation of America to focus on the California Association of Realtors in as many weeks examines the association’s 7,000-word homeseller listing agreement. Continue reading