MLS PIN wins final settlement approval in Nosalek case
A judge had previously granted preliminary approval of the $3.95M settlement, which removed the option to display offers of compensation to buyer brokers on the MLS
by Taylor Anderson Sep 29
EXp World Holdings revenue, sales volume grows 1% during Q2
Market headwinds stunted eXp World Holdings' revenue growth during Q2, only rising 1% to $1.3B. However, the company is bullish about its future, highlighting eXp Global's growth
by Marian McPherson Jul 31
MLS PIN deal wins court approval after DOJ backs off — for now
The $3.95M settlement in the Nosalek case removes the option to display compensation to buyer brokers via the MLS and goes up for final approval in September
by Andrea V. Brambila Jun 10
NAR President Kevin Sears: Hate speech change unrelated to Trump
CEO Nykia Wright denied what she called a 'rumor' that she had 'dismantled DEI' and said Sunday at its midyear event that NAR has to 'pick our bets' due to an expected membership drop to 1.2M
Real estate agent commissions are not falling off a cliff
A new Redfin report indicates that most consumers are still willing to pay for their real estate agents and that last year's NAR rules have had minimal impacts on agent pay
by Jim Dalrymple II May 16
Crye-Leike alleges coverage under NAR deal despite industry ranking
Despite its ranking as the 31st largest brokerage in the T3 Sixty Real Estate Almanac for more than $7B in sales volume in 2022, Crye-Leike says Gibson suit shouldn't be allowed to proceed
Leaders foresee opportunity in wake of antitrust commission suits
Leaders at last week's Inman Connect New York were more upbeat than a year ago, and suggested that for all of last year's tumult, the best agents might just thrive in real estate's new normal
by Jim Dalrymple II Jan 28
Real estate lawyers take big stand against agent commission sharing
CRMLS General Counsel Ed Zorn and Leading Real Estate Companies of the World Chief Legal Officer Jessica Edgerton warned agents not to fall back on old practices, like sharing commissions
by Andrea V. Brambila Jan 24
How to take advantage of 'the new normal' post-NAR settlement
At Inman Connect New York, Kendall Bonner, Russ Cofano and Christine Jacobson urged agents to change how they communicate their value
by Andrea V. Brambila Jan 22
Judge orders eXp to turn over 'sweetheart deal' negotiation docs
Court probes 'reverse auction' allegations while plaintiffs seek preliminary approval of deals with eXp Realty, Weichert, Mark Spain Real Estate and Atlanta Communities Real Estate
by Andrea V. Brambila Jan 10
NAR votes on settlement funding, DOJ help for MLSs, campaign rules
NAR's board of directors and Executive Committee voted on a slew of proposals at NXT on Monday. But it was 1 involving NAR's counterpart to the north that drew the most discussion
by Andrea V. Brambila Nov 12
'Unconstitutional' court order risks NAR deal on appeal: Professor
Contracts law professor Tanya Monestier, an objector in the NAR settlement, described Judge Stephen Bough's order compelling objectors to appear in person as a 'glaring appellate issue'
by Andrea V. Brambila Nov 12
DC-area title companies settle agent steering scheme with AG
DC Attorney General Brian Schwalb found that 4 title companies gave financial and other perks to real estate agents in return for homebuyer referrals. The companies have agreed to pay $3M
by Lillian Dickerson Aug 29
You've got mail: NAR settlement class notices head to consumers
Consumers will learn of the commission settlement via a website, emails and postcards. Claims from homesellers hoping to claim some of the settlement money are due by next May
by Jim Dalrymple II Aug 20
Landmark real estate commission rules officially go into effect today
The new rules are the result of the National Association of Realtors' major antitrust settlement. They're poised to change how agents are paid and how real estate consumers search for homes
by Jim Dalrymple II Aug 17