New legal filings propose that MLS PIN class members from the Nosalek lawsuit be included in the 'substantive terms' of the Sitzer/Burnett and Moehrl settlements with Anywhere and RE/MAX
Jenkins, Better Homes and Gardens Native American Group chief marketing officer, sat down with Inman ahead of his appearance at Inman Connect New York later this month
Judge M. Page Kelley noted the real estate holding company formerly known as Realogy allegedly perpetuated NAR and MLS PIN's 'substantively identical' buyer broker commission rules
Judge M. Page Kelley pushed back against the real estate holding company formerly known as Realogy, noting that NAR's broker commission rule is 'virtually identical' to that of MLS PIN
Federal court will hold oral arguments later this month on whether franchisor's implementation of the policy nationwide is relevant to homesellers' case in the MLS PIN service area
Legal battle of wills rages on as the 3 parties have motions to compel pending before the court. On Tuesday, REX pushed back against Zillow’s motion to compel, calling it a 'fishing expedition'
The real estate establishment's latest salvo against the so-called 'bombshell' buyers' agent case is a sprawling, 3,000-page argument against granting class-action status in the Moehrl federal suit
On Thursday, Realogy Brokerage Group CEO M. Ryan Gorman shared the company's stance on the National Association of Realtors' Participation Rule, saying, 'There’s no reason why an offer of compensation needs to be a mandatory requirement for a home to be listed in the MLS .' Mostly, real estate agents disagreed
In court filings, regulator says rules 'restrict how real estate agents can market properties, dictate how real estate commissions are set, and impede commission negotiations'
Real estate commissions are inflated by as much as $50B per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal
The big residential brokerage franchisors and holding companies have joined NAR in its motion to dismiss a lawsuit that seeks to overturn the status quo of buyer's agent commissions
Opinion
The look, functionality and way we insure homes are apt to change — and so should our expectations
The suit is nearly identical to 'bombshell' claim filed by 6 law firms on behalf of homeseller Christopher Moehrl
Benjamin Brown, a partner at Cohen Milstein and co-chair of the firm's antitrust practice group, is a lawyer whose name the real estate industry may come to know well