The judge presiding over the Hooper suit emphasized that Gibson plaintiffs will be able to object to the proposed settlements through the court's approval process
While some MLS executives praised the 'flexibility' offered by the delayed marketing category that will accompany NAR's Clear Cooperation Policy, its potential repercussions are still unclear
Plaintiffs and defendant MLS Property Information Network agree that approximately 75% of sellers are opting out of offering compensation to buyer agents in the multiple listing service
Homebuyer plaintiffs allege Hanna Holdings conspired to inflate commissions and that buyers are the ones who pay through higher home prices. Mixed ruling allows case to move forward
The discount brokerage contends that a 3-judge panel erred in finding that NAR's no-commingling rule was not direct evidence of 'concerted action' between NAR and Zillow
Billion-dollar deals aren’t just making headlines; they’re reshaping the industry, consultant Chris Pollinger writes. The subsequent impact will be felt by every agent, brokerage and homebuyer
Opinion
We need a fully transparent system that favors the consumer, not the broker, team leader Carl Medford writes, so that buyers and sellers can feel confident when transacting real estate
As NAR prepares to announce its pocket listing rule decision 'in the coming weeks,' attorney Michael Ketchmark said he'll consider legal action against brokers who vote to maintain the rule
Rocket executives say unifying home search, buying, selling, mortgage, title and servicing could net $20K in savings — which might allay antitrust concerns and keep RESPA regulators at bay
By offering an option to skip state and national Realtor membership, the local association stands to earn 84% more per agent while brokers and agents pay hundreds less, according to an analyis
Pennsylvania real estate broker Maurice Muhammad highlights alleged disparate enforcement of rules in his amended antitrust complaint challenging 'forced' Realtor membership
Judges rule the now-defunct real estate brokerage did not provide evidence of 'concerted action' between NAR and Zillow and that the no-commingling rule was 'in fact' optional
The Hardy plaintiffs clapped back at NAR in court on Friday, noting agents and brokers in California, Florida and Georgia can join the MLS without having to support Realtor associations
At least some of the payout will come from NAR’s reserve funds, including operating reserves and those collected from members specifically for lobbying and to advertise the Realtor brand
Real estate companies eXp and Weichert will have to offer representatives who are best able to testify regarding settlement negotiations in the separate, but similar, Hooper commission suit