Conflicts of interest spoil your integrity
Opinion
Today, conflicts of interest make top headline news daily and fuel the wrath of the DOJ and FTC. Greed is at the root of carelessly mixing business lines, which is why Brad Inman says separating ownership is often necessary to avoid conflicts
by Brad Inman Nov 30
US lawmakers demand DOJ probe into RealPage's YieldStar software
Lawmakers in both chambers of Congress have accused RealPage of anticompetitive practices. Calls for an inquiry come a month after a sweeping and critical report into the company
by Jim Dalrymple II Nov 22
Massachusetts broker gets 2.5 years for $1.8M homebuyer scheme
Former Massachusetts broker Michael Flavin will serve 30 months in federal prison for convincing buyers to give him deposits for homes that were not for sale
by Marian McPherson Oct 3
'Don't wait until the plane crashes': Lawyers offer grim antitrust update
Chris Osborn, Mitch Skinner and Claude Szyfer offered an update on multiple industry antitrust lawsuits at the Council of Multiple Listing Services' annual conference
by Andrea V. Brambila Sep 30
WATCH: How will buyer's agents make money if the DOJ wins?
The ongoing lawsuits and investigation into US industry practices could alter how buyer's agents make money on the typical home sale, panelists said earlier this month at Inman Connect
by Daniel Houston Aug 25
Industry warned to prepare for $40B hit on commissions
Buyer's agents, and the ecosystem of companies that provide services to them, would bear the brunt of legal challenges to the traditional commission structure, Brian Boero said at Inman Connect
by Matt Carter Aug 5
Berkshire Hathaway-owned lender settles redlining case with DOJ
This case is the first-ever redlining settlement against a mortgage company and the second-largest such settlement in DOJ history
by Taylor Anderson Jul 27
Northwest MLS eliminates broker commission sharing as default
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
by Andrea V. Brambila Jul 22
What happens if the DOJ kills cooperation and compensation on the MLS?
Opinion
Given how slowly change takes place in the real estate industry, any change in compensation may be years off. On the other hand, if the DOJ were to force the end of the shared compensation, the industry will have to scramble to shift to an entirely new environment
by Bernice Ross May 11
A reverse arrow on a street
Three-judge panel concludes trade group must face allegations that the Clear Cooperation Policy was part of a group boycott to prevent The PLS from competing with multiple listing services
by Andrea V. Brambila Apr 27
Facade Flags Justice Department Building Washington DC
Janette Miller of Miller & Perotti Real Estate Appraisals in California argues that the Fair Housing Act doesn't apply to appraisers, but a federal regulator disagreed this week
by Andrea V. Brambila Feb 16
Glenn Sanford on the 1 player that could change the game in 2022
The founder of eXp Realty told Brad Inman there's plenty of business for agents in the year ahead during a Connect Now session Tuesday, but he's also keeping an eye on potential setbacks
by Daniel Houston Jan 25
DOJ: No need to argue harm to consumers, buyers in NAR pocket listing suit
NAR's attorney says The PLS is trying to 'have their cake and eat it too' by claiming brokers are both the victims and the perpetrators of the Clear Cooperation Policy
by Andrea V. Brambila Jan 21
REX: Realogy's stance is prelude to a reckoning on commissions
Realogy says it believes in buyer agents and cooperative compensation, but not in forcing brokers to enter a commission amount to list in a multiple listing service
by Andrea V. Brambila Jan 11
From hate speech to antitrust: The year in MLSs and associations
2021 came with Realtor misbehavior, rising legal and regulatory scrutiny and MLSs becoming tech investors after Zillow's acquisition of ShowingTime
by Andrea V. Brambila Dec 17