Judge grants final approval to 9 commission lawsuit settlements
Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110M to resolve litigation
by Jim Dalrymple II Oct 31
KW relaunches BOLD coaching program amid changing times
Onward BOLD gives Keller Williams agents access to lead generation resources, among many other things. The program is relaunching amid a period of upheaval for the real estate industry
by Jim Dalrymple II Oct 31
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
NAR vows to assess legal risk of current policies
New CEO Nykia Wright told NAR's board of directors the trade group's next step will be to develop a 'comprehensive' litigation strategy and size up any additional legal exposure related to its rules
NAR Chief Legal Officer Katie Johnson is 'stepping down'
After a decade leading the trade group's legal team — including through sexual harassment scandals and numerous anti-trust commission lawsuits — Johnson is leaving
Buyer commission suit against Hanna adds new, familiar plaintiffs
There are now more than 2 dozen named plaintiffs in an antitrust case against the parent company of Howard Hanna, several of them also plaintiffs in other buyer commission suits
by Andrea V. Brambila Sep 18
A piece of chocolate cake being removed from the whole
Law professor estimates the plaintiffs' law firms are asking for only 3% of the total value of the deals when 'historic' business practice changes are taken into account
by Andrea V. Brambila Sep 17
It’s time for an industry update. Embrace transparency for real
Opinion
The commission lawsuits are a wakeup call for real estate, new Inman contributor Mathew Speer writes. Now is the time to raise your standards and truly embrace transparency
by Mathew Speer Sep 12
4 soft skills to focus on post-NAR settlement rule changes
These soft skills have never been more critical in light of the National Association of Realtors’ commission suit settlement and subsequent rule changes, OJO Labs CEO Chris Heller writes
by Chris Heller Sep 11
When is a buyer contract required? At showings — but not open houses
The National Association of Realtors' proposed settlement agreement requires brokers and agents to sign contracts with buyers they're 'working with.' But what exactly does that mean?
by Andrea V. Brambila Aug 20
Hanna fights back against homebuyer commission suit
Parent company of Howard Hanna Real Estate Services argues plaintiff agreed to a mediation clause and, as a buyer, doesn't have standing to sue under federal and state antitrust laws
No HomeServices deal yet, months after settlement announcement
The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250M in April
Sellers appeal Keller Williams, Anywhere, RE/MAX settlements
The homesellers object that the deals' payout is 'far too low' for the 'massive' number of injured parties and that franchisees should be required to implement practice changes
NAR says settlement 'eliminates' steering. Plaintiffs issue warning
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'
Bright MLS will allow sellers to offer concessions upon listing
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
by Andrea V. Brambila May 30