Consumer watchdog CFA hails federal agency's proposal to ban sellers from making compensation offers as a 'major watershed' in promoting more competition in real estate
There are no funds under NAR's policy available to pay for the cost of defending the Realtor associations nor their multiple listing services which have been sued, according to the trade group
The court dismissed a federal antitrust claim in the case known as Batton 1, but allowed state-law claims to proceed, partially due to the argument that commissions are baked into home prices
The trade group will not take on pet projects for the duration of NAR President Kevin Sears' tenure, which is slated to last until November 2025, he told NAR's Board of Directors Wednesday morning
Atlas Data Privacy Corp. alleges the companies disclosed home addresses and unpublished home phone numbers for judges, police officers, prosecutors and their families
In remarks made in Boston that were later posted online, new NAR President Kevin Sears declared business will change for Realtors — whether they embrace it or have it 'forced down our throats'
The franchisor filed a petition to the Supreme Court requesting the review of an earlier appeals court ruling barring it from enforcing arbitration agreements signed by seller clients
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
In a video that abruptly vanished from NAR's website Wednesday before resurfacing, Wright said the group does not set commissions — a practice it isn't currently being accused of — and welcomed competition from AREA
NAR was dismissed without paying any money or making any rule changes, but The PLS says it can reopen the case if they don't come to a deal
At Inman Connect, Ed Zorn proposed mandating buyer representation agreements, killing the MLS compensation field, adding a concession field, and creating a fund to pay out settlements
The portal executive also declared that she didn't think the 'Your Listing, Your Lead' approach of Homes.com serves either agents or consumers well
CRMLS, Bright MLS and MRED told the US District Court of the Central District of California's Western Division they had reached a deal 'in principle' with ThePLS.com
Grab the opportunity, Carrie McCormick of Christie’s International Real Estate, Carrie Soave of eXp Realty and Karen Stone of Engel & Volkers told Inman Connect New York attendees
Homesellers allege 36 Realtor association, brokerage, and multiple listing service defendants conspired to inflate buyer broker commissions in violation of state and federal antitrust laws
A federal court judge denied a request from the defendants to suspend the case pending the outcome of post-trial motions after the Sitzer | Burnett verdict
Las Vegas resident Nathaniel Whaley alleges the National Association of Realtors, the Northern Nevada Regional MLS and state and local Realtor groups conspired to inflate broker commissions
Class-action complaints filed by Joseph Masiello and Robert Friedman join chorus of litigation nationwide objecting to trade group rules requiring sellers to offer compensation to buyer brokers
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
The National Association of Realtors' leader said she recently received a 'threat to disclose a past personal, non-financial matter unless she compromised her position at NAR'
