Clarifications, predictions, blueprints: Inman's Top 5 stories
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh May 3
HomeServices hit by buyer commission lawsuit in Florida
The class action suit filed by plaintiff James Lutz alleges that HomeServices, other NAR members, fixed commissions, which misled buyers and resulted in them paying inflated home prices
As settlements move forward, get back in the saddle: The Download
Opinion
With preliminary approval of NAR's deal and a new settlement proposal from HomeServices of America, can we finally all get back to business?
by Christy Murdock Apr 27
HomeServices of America agrees to pay $250M to settle lawsuits
HomeServices was potentially on the hook for the remaining $4.7B in damages from an Oct. 31 jury verdict in Sitzer | Burnett, which awarded plaintiffs $5.3B
by Taylor Anderson Apr 26
Sitzer | Burnett judge consolidates 2 nationwide commission suits
The Gibson and Umpa cases allege Berkshire Hathaway Energy, eXp, Redfin, Weichert, United Real Estate, Douglas Elliman, HomeSmart and others conspired against homesellers nationwide
by Andrea V. Brambila Apr 25
Sitzer judge grants preliminary approval for NAR settlement
Judge Stephen R. Bough ruled that the sweeping changes NAR agreed to were 'fair, reasonable and adequate' and set a final approval hearing for November
by Taylor Anderson Apr 23
Defendants fight to get homebuyer commission suits tossed
The National Association of Realtors, Keller Williams, Anywhere, RE/MAX, Compass, eXp and others offered a slew of arguments for why the Batton 1 and Batton 2 cases should be thrown out
by Andrea V. Brambila Apr 19
Federal courts hand HomeServices a win (and a loss) in Sitzer | Burnett
The US Supreme Court denied the real estate franchisor's request for consideration on Monday, but the plaintiffs won't be able to lay $4.7B in damages at HomeServices' feet — at least not yet
by Andrea V. Brambila Apr 15
Judges decline to 'centralize' commission lawsuits for now
A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request
by Taylor Anderson Apr 12
HomeServices tells court it's too early for $4.7B Sitzer ruling
The Berkshire Hathaway affiliate says final judgment in the case shouldn't come before settlements are finalized, a process the franchisor does not expect to be 'uncontroversial'
New commission lawsuit in New York may draw FTC attention
The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied
T3 Sixty nixes this year's Mega 1000 list in wake of NAR settlement
The move comes 2 weeks after the National Association of Realtors signaled a $418M settlement of commission lawsuits. T3 Sixty said it will bring the ranking back when litigation is resolved
by Jim Dalrymple II Mar 29
Moehrl trial shifts to early 2025 as HomeServices keeps skin in game
The plaintiffs and defendants in the antitrust commission case indicated they would be available for a 3- to 4-week trial beginning Jan. 21, 2025, according to court filings earlier this week
by Andrea V. Brambila Mar 28
7 ways to speed up the know-like-trust process
The value of relationship-building has never been clearer or more important
by Jimmy Burgess Mar 22
NAR settlement fallout: Here's Inman's Top 5 stories of the week
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh Mar 22