New commission suits and strategies: Inman's Top 5
With Inman Top 5, you'll find the week's most essential stories, as chosen by our readers. Here are the most-read articles for Nov. 10-16, 2023
by Dani Vanderboegh Nov 17
Judge gavel with justice lawyers to represent appraisal bias lawsuit
The National Association of Realtors and Keller Williams have hired former US solicitors general to help them beat back the multibillion-dollar verdict
by Andrea V. Brambila Nov 17
The agent migration from legacy brokerages continues
As we approach the final weeks of 2023, agents are continuing to migrate from legacy brands to low-fee, cloud-based brokerages. Mike DelPrete looks at the numbers and trends
by Mike DelPrete Nov 16
NAR won't use lobbying chops for 'legislative fix' to commission suits
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'
by Andrea V. Brambila Nov 16
Adam Contos reflects on leadership, embracing technology
As part of his Snapshot series, Brandon Doyle peers into the mind of a distinguished leader who's helped shape the real estate landscape on a global scale: Adam Contos, former CEO of RE/MAX
by Brandon Doyle Nov 16
NAR: 'We have many grounds' to appeal the Sitzer | Burnett verdict
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
by Andrea V. Brambila Nov 15
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
NAR will argue for 'complete reversal' of Sitzer | Burnett verdict
The National Association of Realtors' legal team on Monday blamed the ruling on the judge. The plaintiffs' attorney, meanwhile, said NAR hadn't 'learned anything' from its 'resounding defeat'
by Andrea V. Brambila Nov 14
RE/MAX parent appoints former DISH Network exec as CEO
Erik Carlson comes to RE/MAX Holdings in the wake of Adam Contos' departure. He also joins the company at a tumultuous time for the real estate industry
by Jim Dalrymple II Nov 13
NAR NXT: Everything to know as the annual conference begins
The National Association of Realtors' NAR NXT Conference is gearing up for a week in Anaheim, Calif. Here's a rundown of the schedule plus the sessions and events you can't afford to miss
by Marian McPherson Nov 13
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
South Carolina homesellers latest in line to sue NAR, Keller Williams
A new commission lawsuit filed Monday seeking class-action status alleges sellers encountered 'illogical, harmful, irrational and anticompetitive effects' of NAR's cooperative compensation rule
by Andrea V. Brambila Nov 10
New commission lawsuit targets REBNY and 26 companies in NYC
Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws
by Taylor Anderson Nov 10
Weathering the storm: A Q3 2023 earnings roundup
From brokerage companies to portals to lenders and investors, Airbnb to Zillow, we've got the news you can use about the dollars and cents that are driving the real estate economy right now
by Christy Murdock Nov 9
NAR President addresses Realtors for first time since Sitzer verdict
In a 5-minute video posted online Wednesday, NAR President Tracy Kasper urged Realtors to be transparent about commission negotiations as NAR gears up for a long legal battle ahead
by Marian McPherson Nov 8