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NAR's president also said in a new podcast interview that homeseller-plaintiffs insisted during negotiations that the largest brokerages be left out of NAR's landmark settlement
James Mullis has appealed the final approval of settlements totaling $110M — a move that suggests the battle over how agents practice and get paid is far from over
Judge Stephen R. Bough approved antitrust deals reached with the National Association of Realtors and HomeServices of America Tuesday afternoon
Over 491K homesellers have filed claims for a portion of the $700M raised by NAR, HomeServices and other settlements in Sitzer, with more to come before May 2025 deadline
The deal will refund buyers and sellers after the brokerage allegedly failed to disclose to its clients that it had received payments from Home Security of America to advertise HSA's home warranties
A judge has denied the brokerage's request for a stay in the Gibson case, saying a tactic the company is accused of using to settle a different suit involves a 'collusive element'
Judge Stephen R. Bough, who ruled on Sitzer | Burnett, said Gibson deals 'provide a significant financial recovery to the Settlement Class in light of the strengths and weaknesses of the case'
The proposed settlements seek to cover too many claims for too little money and let too many in the industry have a 'free pass,' more than a dozen homesellers argued ahead of a Nov. 26 decision
Tanya Monestier says the settlement 'reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it' as attorneys walk away with $333M in cash
Broker Romeo Manzanilla spoke to Inman ahead of his appearance at Connect Austin on Oct. 9 about raising professionalism in the real estate industry in the wake of NAR settlement changes
The brokerage was the third-largest by sales volume in 2022 and one of a relative few holdouts who had yet to settle lawsuits targeting the old status quo for real estate commissions
15 MLSs and 13 brokerages that chose to opt-in to NAR's commission settlement will cough up an additional $30,587,754 in compensation to sellers, raising the settlement fund to nearly $450M
After a decade leading the trade group's legal team — including through sexual harassment scandals and numerous anti-trust commission lawsuits — Johnson is leaving
The FTC alleges the company advertised monthly rental rates that did not include mandatory 'hidden' fees that could add up to more than $1,700 per year