Images that conceal commission offers, like a '3%' mowed into freshly cut grass, have become a phenomenon on message boards and online residential listings, according to an Inman analysis
Wright has served as NAR’s interim CEO since November after she replaced Bob Goldberg. She was instantly thrust into leading an organization in turmoil
In a phone interview, lead plaintiffs' counsel Michael Ketchmark weighed in on the consequences of violating the NAR settlement, Zillow's business model, and the 'monster case' that remains
The nation's largest MLS removed compensation fields from its platforms on Aug. 13, after offering detailed guidance to agents on the terms of NAR's proposed settlement
'I hope — at the end of the day, at the end of the 2-year term — to be able to look back and say there was some stability and calm,' Sears told hundreds of ICLV attendees, many of them NAR members
NextHome CEO James Dwiggins shares his thoughts on agents who use websites designed to advertise offers of compensation from listings after the NAR settlement takes effect next month
Several brokerages reported transacting over $2B in sales in 2022. After the NAR settlement made that an undesirable number, some are stuck and trying to figure out how to move forward
In his 6 months as president, Sears has racked up time in Washington with the DOJ, focused on the trade organization's future and traveled — a lot. He shared his takeaways with Inman ahead of ICLV
Brokerages and MLSs have until 11:59 pm CST Tuesday to opt in to deals resolving antitrust claims brought by sellers targeting commissions. Inman contacted 79 brokerages for their updates
Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman have reached agreements in the case, and the court has preliminarily approved those settlements
In an email, the 1.5M member trade group specified when agents would have to have signed written agreements with buyers, but stressed NAR would not dictate the agreements' terms
The proposed deal would resolve antitrust claims brought by homesellers but not homebuyers
HomeServices was potentially on the hook for the remaining $4.7B in damages from an Oct. 31 jury verdict in Sitzer | Burnett, which awarded plaintiffs $5.3B
Judge Stephen R. Bough ruled that the sweeping changes NAR agreed to were 'fair, reasonable and adequate' and set a final approval hearing for November
A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request