The suit alleges that a requirment for Premier Agents to meet pre-approval quotas on Zillow Home Loans 'as a condition for maintaining access to these high-value leads' led to steering
A survey of hundreds of real estate agents suggests that 'steering' based on commissions used to be rare. After the Aug. 17 deadline, it may become ubiquitous — but with buyers in the driver's seat
Last week, the brightest minds in real estate converged at Inman Connect to set agents, brokers and MLS members straight on the finer points of the new rules taking effect in less than 2 weeks
May 6 remarks from Anthony Lamacchia spurred at least 1 NAR midyear attendee to leave the MLS Forum in protest, others to hurl steering accusations, and NAR's senior counsel to intervene
The study by a trio of researchers analyzed hundreds of thousands of listings and found that those offering lower commissions to buyers' agents received less attention and took longer to sell
In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX
The ruling means that Sitzer/Burnett moves forward as a multibillion-dollar class action, currently headed for trial in February 2023
The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case
The New York- and Connecticut-based brokerage says it will appeal the ruling, which will allow plaintiffs to sue on behalf of some 20,000 homebuyers and sellers going back more than a decade
Brokerage backed by Chris Christie and Jeb Bush says agent steering by commission should 'shock the conscience' of anyone interested in equity in housing
Here are 10 hypothetical situations to help illustrate how you can avoid some very real legal and ethical problems
Even earnest agents end up in an ethics violation, a lawsuit or revocation of a license
One agent told the discount brokerage: 'I won't bother to show [the listing]. Who's your local agent though because I'll make sure to tell people not to work with them'