As the Nov. 26 hearing for final approval of the NAR commission lawsuit settlement approaches, voices from all sides are questioning its wisdom
The proposed settlements seek to cover too many claims for too little money and let too many in the industry have a 'free pass,' more than a dozen homesellers argued ahead of a Nov. 26 decision
Lawyers filed motions Tuesday arguing eXp’s decision to come to a settlement in the commission lawsuit through a 'reverse auction' should compel the brokerage to return to the bargaining table
15 MLSs and 13 brokerages that chose to opt-in to NAR's commission settlement will cough up an additional $30,587,754 in compensation to sellers, raising the settlement fund to nearly $450M
Find out how to lead with safety in every transaction and protect buyers, sellers, FSBOs and yourself from crime with security specialist Tracey Hawkins
In a filing outlining costs and expenses, plaintiffs' attorney Michael Ketchmark estimates he has spent 7,000 hours on Gibson and other commission suits for work totaling $10.1M since 2019
Affordability and a plethora of amenities vaulted Gahanna, Ohio, to the top of Realtor.com's 2024 hottest ZIP codes list. ZIP codes in Missouri and Indiana made the list, too
Now that we're in the thick of the 'New Normal,' it's time to answer the frequently asked questions agents and brokerages have about the newly implemented commission settlement rule changes
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
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
Pennsylvania homeseller Spring Way Center is seeking to overturn the court approval of deals reached with Anywhere, Keller Williams and RE/MAX to resolve antitrust commission suits
The franchisors are not required to implement the business practice changes they agreed to until after the appeals process
Judge Stephen R. Bough said payouts and practice changes in NAR's deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent 'substantial benefits' for sellers
After years of trying to sell the mansion along the Potomac, former Washington Commanders owner Dan Snyder donated the estate to the ACS. Now the charity is attempting its own sale
The ruling by Judge Stephen R. Bough on Thursday resolves antitrust claims in the Sitzer | Burnett, Moehrl and Nosalek commission cases. However, it won't quash other existing suits from buyers