buyer broker compensation
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Attorneys for the plaintiffs in a case now known as Moratis stress that NAR's proposed settlement won't stop 'a key element of the antitrust conspiracy' and might take years to go into effect
Plaintiffs' lawyer Michael Ketchmark vowed legal action to enforce deal: 'Anyone who thinks they can send a few emails or bury their head in the sand and avoid the application of the law is wrong'
In response to NAR's proposed settlement, the nation's 2nd largest MLS will add data fields on June 11 allowing sellers to signal they're willing to offer buyer concessions when they list a home
NAR's legal team, president and chief economist defended the group's cooperative compensation rule and used journalists as a scapegoat repeatedly during midyear panels earlier this month
In an email, the 1.5M member trade group specified when agents would have to have signed written agreements with buyers, but stressed NAR would not dictate the agreements' terms
The court has granted plaintiffs' motion for preliminary approval of settlements proffered by Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman
We asked you to share with us the commission questions your clients have and how you're explaining the lawsuit fallout
The Council of Multiple Listing Services, a trade group of about 225 MLSs, united with Northwest MLS on Wednesday to pen amicus briefs exposing alleged flaws in the DOJ's statement of interest
Homesellers allege 36 Realtor association, brokerage, and multiple listing service defendants conspired to inflate buyer broker commissions in violation of state and federal antitrust laws
According to broker Joseph Santini, buyer agreements are good for buyers and good for buyer agents. Learn more about these valuable tools and how to get them signed
As the first of the buyer commission trials draws to a close, get to know the plaintiffs in Sitzer | Burnett and plan for the changes ahead
Effective Oct. 3, NWMLS's forms will specify that buyer broker compensation will come directly from sellers and offer new options for how listing agents and buyer agents will be paid
Opinion
After agents responded to Realogy's stance on mandatory commission sharing, Realogy Brokerage Group President and CEO M. Ryan Gorman sets the record straight. 'It’s important to me to get this right,' he writes
The move represents a sharp break from 600 or so other MLSs nationwide, some of whom have threatened to cut off brokerages who have tried to publicly display commissions