Tag Archives: U.S. Department of Justice

Will dual agency become common after NAR’s settlement?

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Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as “double ending.” Continue reading →

NAR commission settlement rules will go into effect in August

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The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected. Continue reading →

Will lawsuits end 6% commissions? Probably not, 1 law professor says

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A provision in NAR’s settlement barring listing agents from offering buyer agents compensation is “largely symbolic,” USC professor Jordan Barry said Friday at a University of Minnesota conference. Continue reading →

NAR hits back following ‘external commentary’ critical of the group

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NAR Interim CEO Nykia Wright sent a letter on Friday following a critical article in the Wall Street Journal, and in the wake of news the U.S. Department of Justice wants big changes in real estate. Continue reading →

Controversial Florida foreign buyer ban survives 1st major court battle

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U.S. District Judge Allen Winsor denied a request by plaintiffs to stop the state from enforcing the law because it is based on citizenship, not race, so does not violate the Constitution and fair housing. Continue reading →

Suit accuses NAR and its president of sexual, racial discrimination

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The suit claims NAR fired a Black employee after she broke off a relationship with then-president-elect Kenny Parcell. NAR said it rejects the claims. Continue reading →

Suit accuses NAR and its president of sexual, racial discrimination

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The suit claims NAR fired a Black employee after she broke off a relationship with then-president-elect Kenny Parcell. NAR said it rejects the claims. Continue reading →

US lawmakers demand DOJ probe into RealPage’s YieldStar software

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Lawmakers in both chambers of Congress have accused RealPage of anticompetitive practices. Calls for an inquiry come a month after a sweeping and critical report into the company. Continue reading →

What happens to buyers’ agents if the bombshell lawsuit explodes?

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Multiple lawsuits are challenging the way agents get paid. Inman asked experts what that means, and how the future of real estate might evolve as a result of changes to the commission structure. Continue reading →