Mother of all commission suits filed in Illinois, this time by homebuyers
'Batton 2,' exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another suit called Gibson
That's a lot of zeroes. So where do we go from here? The Download
This week, we're breaking down the aftermath of that $5B verdict in favor of the plaintiffs in the bombshell Sitzer | Burnett commission lawsuits
by Christy Murdock Nov 3
Under their thumbs: The enigmatic homesellers behind Sitzer | Burnett
The plaintiffs in a class action antitrust suit challenging the industry’s commission structure took to the stand to make the case that the practice of homesellers paying buyer agents is 'unfair'
by Andrea V. Brambila Oct 19
Agent training, objection scripts on trial as Sitzer | Burnett ends Day 3
On Day 2 of witness testimony Wednesday, attorney Michael Ketchmark narrowed in on training materials and presentation slides he alleged violated antitrust policies held by the defendants
by Andrea V. Brambila Oct 18
Gary Keller, Bob Goldberg among first to testify in Sitzer | Burnett
As the commission trial begins, the Kansas City courtroom saw opening arguments and testimony from industry leaders Keller, Goldberg and HomeServices of America CEO Gino Blefari
by Andrea V. Brambila Oct 17
NAR notches loss as appeals court revives pocket listing antitrust suit
Top Agent Network's case against the National Association of Realtors' Clear Cooperation Policy will move forward after the Ninth Circuit court ruled to overturn a lower court ruling on Monday
by Andrea V. Brambila Aug 29
REX pivots to single-family rental market as its Hail Mary
Two weeks after reports of mass layoffs and office closures, REX eyes serving institutional buyers in the single-family rental market
by Marian McPherson May 25
Court tosses REX antitrust suit against Oregon anti-rebate law
Judge said discount brokerage had made 'compelling arguments' that law hurts consumers and artificially inflates home prices, but that states are immune from federal antitrust laws
by Andrea V. Brambila Dec 10
Commission rules, lockbox access chief among threats to industry
At Coldwell Banker's Gen Blue Experience event, Kalama Kim predicted that everything from a DOJ antitrust case to 'marginal agents' could soon upend the real estate industry
by Jim Dalrymple II Oct 6
Recordings of Houston agents by rival brokerage reveal commission steering
REX CEO Jack Ryan said he believed the recordings contributed to getting the US Justice Department's antitrust lawsuit against the National Association of Realtors off the ground
by Lillian Dickerson Jan 12
NAR hit with yet another antitrust suit over buyer commissions
The suit is nearly identical to 'bombshell' claim filed by 6 law firms on behalf of homeseller Christopher Moehrl
by Andrea V. Brambila Apr 16
Zillow sued over Zestimate display: Making sense of the dispute
Lawsuit alleges that Zillow 'concealing' home valuations for certain brokers hurts competition. Does it hold water?
by Andrea V. Brambila Jan 18