Judge pauses New York antitrust suits over plaintiff objections
Plaintiffs allege REBNY and dozens of real estate brokerages perpetrated a 'wholly separate conspiracy' from the claims resolved by the NAR settlement, but defendants disagree
by Andrea V. Brambila Jun 26
REBNY leads 1,500 NYC agents at rally in opposition to broker fee bill
REBNY members on Wednesday demonstrated against the FARE Act, a bill that would require rental property owners to cover the cost of broker fees, rather than pass them off on tenants
by Marian McPherson Jun 12
New commission lawsuit in New York may draw FTC attention
The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied
New bombshell lawsuit targets Texas Realtor orgs, local teams
A homebuilder and holding company filed the case Monday. But unlike other suits against NAR, this one lists the Texas Association of Realtors and other local organizations as defendants
by Jim Dalrymple II Nov 14
Commission lawsuits are piling up. Keep track of them all right here
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
by Jim Dalrymple II Nov 10
REBNY rule change will require sellers to pay buyer agents directly
As Sitzer | Burnett unfolds, the New York City trade association announced the upcoming rule change amid a nationwide reevaluation of buyer commission structures
by Taylor Anderson Oct 19
New York’s luxury office towers attract employees back to work
Latest report from the Real Estate Board of New York finds Class A office buildings have higher occupancy rates with implications for the rest of the nation
by Taylor Anderson Feb 27
Compass seeks antitrust settlement with NYC's largest real estate association
The brokerage sent a letter to the District Court for the Southern District of New York seeking to settle its dispute with the Real Estate Board of New York, or REBNY, outside of the courtroom
by Ben Verde Dec 14
CoStar sees revenue, profit jump in Q3 despite slowing housing market
In an earnings call Tuesday, the real estate giant pointed to its Apartments.com business as a particularly successful standout in an otherwise challenging market this summer
by Jim Dalrymple II Oct 25
NYC real estate commissions are all over the map: Consumer watchdog
In a report on Wednesday, the Consumer Federation of America found the median commissions listing agents offered to buyer agents ranged from 1% in parts of Brooklyn to 3% in Manhattan
by Andrea V. Brambila Oct 20
CoStar debuts Citysnap search portal as Zillow rivalry continues
The Citysnap real estate search portal includes homes for sale and rent in New York City. It also represents the latest chapter in a rivalry between CoStar and Zillow
by Jim Dalrymple II Jun 30
Court rejects REBNY bid to toss Compass antitrust suit
The allegations that the Real Estate Board of New York conspired with Corcoran and Douglas Elliman to 'smother' competition move forward
New York state makes remote online notarizations permanent
As more states allow RON, California and North Carolina are among notable holdouts
by Andrea V. Brambila Dec 28
Compass hires new sales executive from Brown Harris Stevens
Fritz Frigan most recently worked as an executive vice president at the New York City-based brokerage Brown Harris Stevens
by Jim Dalrymple II Nov 3
CoStar CEO likens Zillow's StreetEasy to blackmail
Andy Florance on Tuesday positioned his company's upcoming New York City portal as an alternative to Zillow-owned StreetEasy
by Jim Dalrymple II Oct 26