Consumer watchdog CFA hails federal agency's proposal to ban sellers from making compensation offers as a 'major watershed' in promoting more competition in real estate
There are no funds under NAR's policy available to pay for the cost of defending the Realtor associations nor their multiple listing services which have been sued, according to the trade group
Angela Boykin is suing over a home sale from 2022. Her case is the 2nd such recent lawsuit out of Nevada and adds to the growing number of cases that have followed the Sitzer | Burnett verdict
Under the proposed deal, Keller Williams must inform franchisees that offers of compensation are not required. It also agreed to revise training materials and end rules requiring agents to join NAR
At Inman Connect, Ed Zorn proposed mandating buyer representation agreements, killing the MLS compensation field, adding a concession field, and creating a fund to pay out settlements
A federal court judge denied a request from the defendants to suspend the case pending the outcome of post-trial motions after the Sitzer | Burnett verdict
Las Vegas resident Nathaniel Whaley alleges the National Association of Realtors, the Northern Nevada Regional MLS and state and local Realtor groups conspired to inflate broker commissions
The defendants point to 'legal errors at trial' they say justify setting aside the jury's historic, multi-billion-dollar verdict and giving the defendants another chance to make their case in court
The case is the latest of numerous antitrust lawsuits that have emerged in the wake of the October verdict in Sitzer | Burnett. It names NAR, Compass, Redfin and others as defendants
In separate lawsuits, homesellers allege the defendants — including Florida Realtors and West Penn MLS — conspired to enforce rules that inflated commissions on the sale of their homes
A 3-judge panel for the Washington DC circuit seemed inclined to let the agency resume its probe into the National Association of Realtors' cooperative compensation and pocket listing rules
The trade group's attorney says NAR is 'still analyzing' the consequences of the Sitzer | Burnett verdict. Judge Andrea R. Wood says Moehrl is a 'different case' that will likely go to trial in Q4 2024
At a forum for reps of 50 large brokerage firms, The Realty Alliance CEO Craig Cheatham asked why the nearly 1.6M-member trade group can't use its political influence for an 'existential threat'
The National Association of Realtors laid out its arguments to overturn the ruling Tuesday. The plaintiffs' attorney said if the trade group doesn't change, it risks an injunction and DOJ wrath
In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate's status quo. Here's a rundown of all the cases