After 4 years at eXp Realty, Michael Valdes is moving to LPT Realty. After surpassing 10,000 agents in the US, the Florida-based brokerage is ready to expand internationally, executives told Inman
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
A provision in NAR's settlement barring listing agents from offering buyer agents compensation is 'largely symbolic,' USC professor Jordan Barry said Friday at a University of Minnesota conference
The court dismissed a federal antitrust claim in the case known as Batton 1, but allowed state-law claims to proceed, partially due to the argument that commissions are baked into home prices
Former Capital One executive Rudy Wolfs is Anywhere's new chief technology officer. Wolfs will lead the franchisor's tech and product strategy
Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn't the only lawsuit with commissions in the crosshairs
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
Jurors in the 2-week commission trial shocked the real estate industry Tuesday, awarding an astonishing $5.36B in damages to homesellers after deliberating for 2 hours and 28 minutes
The allegations, the high-profile witnesses slated to testify and all the evidence the jury will and won't see — it's all here as the long-awaited Sitzer | Burnett commission trial unfolds this week
The Department of Justice's antitrust division on Thursday requested a 2-month deadline extension to review a proposed deal between homesellers and MLS PIN, a broker-owned multiple listing service
The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including 'no longer forcing homesellers to pay buyer’s agents'
Judge Patti Saris preliminarily approved the deal after settlement fund restructuring. The case could provide a sneak peek at broader changes pending bombshell commission suit outcomes
The company agreed to resolve the claims against it for $83.5M. Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to 'change its practices'
In the wake of scandal within the National Association of Realtors, Inman asked 'Pulse' readers last month, 'What should happen next at NAR?' They responded with anger and grandiloquence
The National Association of Realtors filed 4 requests in the US District Court in Western Missouri on Thursday involving commission rule changes, government investigations and discrimination