No evidence of 'horizontal agreement' by real estate brokerages to inflate commissions, but judge will hear arguments alleging a 'vertical antitrust conspiracy' with NAR
The standalone brokerage will service clients across 21 states to start, with a focus on homes at elevation, with a mountain view, or those within a community shaped by the mountains
The new policy was signed into law by Governor Maura Healey during the first week in June and is included in the state's larger Affordable Homes Act. The law will apply to sales after Oct. 15, 2025
Ahead of Inman Connect San Diego in July, Lamacchia revealed what he said at Trump's West Palm Beach golf club this year that drew the president's ire. ‘He was not happy to hear it,’ he told Inman
The $3.95M settlement in the Nosalek case removes the option to display compensation to buyer brokers via the MLS and goes up for final approval in September
The federal law enforcement agency withdrew objections to a 4th proposed settlement between plaintiffs and MLS PIN Tuesday, but cautioned that the MLS was not immune to future legal action
The 4th amended settlement, if approved, would prohibit offers of cooperative compensation on MLS PIN's platform and raises the total proposed settlement fund from $3M to $3.95M
Since peaking at 246 offices in the fourth quarter of 2023, RE/MAX's mortgage brokerage franchising business has experienced declines for 5 consecutive quarters
Seelig is joining Corcoran in New York with 3 teammates. She will also retain her Massachusetts license with her self-founded firm, MGS Group Real Estate
US District Judge Patti Saris asked the DOJ Antitrust Division for evidence that offers of compensation in the MLS are anticompetitive and harm consumers
A federal judge has temporarily blocked the Department of Housing and Urban Development from canceling $30M in grants as Democratic lawmakers demand HUD edit its cost-cutting plans
Plaintiffs and defendant MLS Property Information Network agree that approximately 75% of sellers are opting out of offering compensation to buyer agents in the multiple listing service
Representative Maxine Waters (D-CA) and Senator Elizabeth Warren (D-MA) sent HUD Secretary Scott Turner a letter demanding that he halt plans to cut staff at the Office of Fair Housing and Equal Opportunity
Guaranteed Rate Inc.'s retail mortgage operations named Shant Banosian as president on Wednesday as joint ventures with Compass and Anywhere Real Estate strove to generate profits
The National Association of Realtors and several other housing groups urged Congress to confirm Consumer Financial Protection Bureau nominee Jonathan McKernan