The Consumer Federation of America says dual agency should be banned, but double-ending should not be so long as agents discount their commission and act as facilitators
Rules regarding public display of buyer broker commissions and lockbox access for non-Realtors were originally slated to take effect by the end of March
The new antitrust lawsuit, filed Friday in California, also names the National Association of Realtors, Realogy, Keller Williams, RE/MAX and several other companies as defendants
The Consumer Federation of America and the Oregon State Public Interest Research Group argue that prohibiting rebates to buyers and sellers stifles commission competition and harms consumers
Real estate commissions are inflated by as much as $50B per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal
The average buyer broker commission rate iBuyers paid when they resold a home fell to 2.5% in 2020 from 2.8% in 2019, according to a new analysis by Redfin
Judge says pointing to antitrust lawsuits and a Department of Justice investigation 'is insufficient' to show anticompetitive behavior
In radical move, high-tech brokerage plans to begin publishing data for all Seattle listings in early October
NAR lost its bid to consolidate the commission lawsuits, likely making the trade group's legal fight more costly
How should the industry make agent commission structures more transparent before angry consumers and the Justice Department forces it to do so in ways that might be harmful?
The move represents a sharp break from 600 or so other MLSs nationwide, some of whom have threatened to cut off brokerages who have tried to publicly display commissions
The Rosen Law Firm, which a month ago threatened a class action lawsuit, pulled the trigger Thursday, filing a federal suit in the US District Court of New Jersey
More than 4 in 10 consumers believe commissions are too high, according to a new study from ShelterZoom
The suit is nearly identical to 'bombshell' claim filed by 6 law firms on behalf of homeseller Christopher Moehrl
'The pressure is coming from you, not the consumer,' said Pacific Sotheby’s International Realty CEO Steve Games during a fiery San Diego Association of Realtors panel