Proposed NAR settlement 'worst of all possible worlds': Law professor
Tanya Monestier says the settlement 'reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it' as attorneys walk away with $333M in cash
by Andrea V. Brambila Oct 30
'Not done': Antitrust litigation in real estate is just warming up
In a recent webinar, Spencer Rascoff, James Dwiggins and Jack Miller discussed the future of commissions and why agents and brokers should pay attention to their legal risk
by Andrea V. Brambila Oct 29
'Danger Report' sequel lays out 20 'opportunities' for real estate
The Opportunity Report calls for NAR to regain the trust of its members by making political advocacy its central mission, sunsetting the 3-way agreement and reforming its governance
by Andrea V. Brambila Oct 23
Broker files multimillion-dollar suit over 'forced' NAR membership
Maurice Muhammad alleges a 'monopoly' by NAR, the state Realtor association and the local MLS limits competition, inflates prices, and disproportionately affects minority brokers and agents
by Andrea V. Brambila Oct 21
Brokers envision existential threat to MLS in Clear Cooperation debate
In a webinar Tuesday, Keller Williams' Jeff Hickey, NextHome's James Dwiggins, Miami MLS's Liz Sturrock and Seven Gables' Mike Hickman clashed over the future of NAR's pocket listing rule
by Andrea V. Brambila Oct 16
Collusion in plain sight: The danger lurking in state association forms
Opinion
In an analysis of more than 20 forms from various states, coach Darryl Davis identified a disturbing pattern: identical clauses between competing entities that suggest a dangerous level of collusion
by Darryl Davis Oct 15
Without these 2 policy changes, more antitrust suits are inevitable
Opinion
The legal scrutiny over antitrust practices has heightened, with a particular focus on policies that may stifle competition and hinder consumer choice, coach Darryl Davis writes
by Darryl Davis Oct 15
Homie drops UtahRealEstate.com from conspiracy lawsuit
The flat-fee brokerage dismissed its antitrust case against the MLS but kept as defendants Keller Williams, the National Association of Realtors, Anywhere, HomeServices of America and RE/MAX
by Andrea V. Brambila Oct 15
Local Realtor association won't enforce NAR Clear Cooperation
The Park City Board of Realtors informed the National Association of Realtors it would no longer require agents to comply with the pocket listing rule due to fear of litigation
by Andrea V. Brambila Oct 11
NAR rival seeks agents for possible class action over Clear Cooperation
The American Real Estate Association is looking for those 'fined or otherwise harmed' by the National Association of Realtors' pocket listing rule and are interested in 'collective action'
by Andrea V. Brambila Oct 10
NAR asks Supreme Court to weigh in on DOJ fight
The trade group's petition leans heavily on the government's promise to close investigations into the Clear Cooperation Policy and the Participation Rule
by Andrea V. Brambila Oct 10
Commission suit against Howard Hanna, MLS tossed on the merits
The homeseller suit known as Moratis alleged a West Penn MLS commissions-related rule violates antitrust laws, but unlike a similar NAR rule, the former expressly allows offers of zero dollars
A fixture of Texas Realtor groups narrows in on ethics in real estate
Broker Romeo Manzanilla spoke to Inman ahead of his appearance at Connect Austin on Oct. 9 about raising professionalism in the real estate industry in the wake of NAR settlement changes
Seven homesellers object to deals reached in Gibson commission suit
Sellers in the Gibson class-action suit filed objections Thursday to the dollar value of the proposed settlements, which include deals with Compass, Redfin and The Real Brokerage, among others
EXp agrees to pay $34M to settle antitrust commission lawsuits
The brokerage was the third-largest by sales volume in 2022 and one of a relative few holdouts who had yet to settle lawsuits targeting the old status quo for real estate commissions
by Taylor Anderson Oct 7