The organization announced Friday that it struck an agreement to protect members and MLSs
A judge had previously granted preliminary approval of the $3.95M settlement, which removed the option to display offers of compensation to buyer brokers on the MLS
The Orlando Regional Realtor Association (ORRA) and the parent company of the lockbox firm informed the court they had agreed to terms
The $3.95M settlement in the Nosalek case removes the option to display compensation to buyer brokers via the MLS and goes up for final approval in September
The 4th amended settlement, if approved, would prohibit offers of cooperative compensation on MLS PIN's platform and raises the total proposed settlement fund from $3M to $3.95M
Undisclosed political donations to Judge Stephen Bough’s wife called a disqualifying conflict of interest in a commission case known as Gibson. Plaintiffs' attorneys push back against the claim
Real estate companies eXp and Weichert will have to offer representatives who are best able to testify regarding settlement negotiations in the separate, but similar, Hooper commission suit
Overall buyer’s agent commissions average 2.37%, essentially unchanged since August. Commissions rose for homes below $500K, according to the new report
Court probes 'reverse auction' allegations while plaintiffs seek preliminary approval of deals with eXp Realty, Weichert, Mark Spain Real Estate and Atlanta Communities Real Estate
A day after the settlement received final approval from Judge Stephen Bough, an entity known as Spring Way Center along with several homesellers appealed the deal
Lawyers filed motions Tuesday arguing eXp’s decision to come to a settlement in the commission lawsuit through a 'reverse auction' should compel the brokerage to return to the bargaining table
On Friday, the franchisor and plaintiffs told the court they had finalized the deal terms earlier this month and expect to file a joint case dismissal by November
The trade group's petition leans heavily on the government's promise to close investigations into the Clear Cooperation Policy and the Participation Rule
John L. Scott and Real Estate One reach settlement agreements in antitrust commission lawsuit filed in Missouri. The cases were filed immediately after the verdict in the Sitzer case
In a statement, the real estate brokerage denied wrongdoing and said it had agreed to settle with plaintiffs in an attempt to move on and continue to grow the business