Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp’s settlement in that case sparked pushback from plaintiffs in a different lawsuit.
Category: commissions
EXp punches back over criticism of ‘sweetheart’ commission deal
The virtual brokerage argued Tuesday that it’s settlement wasn’t too small, and asked a court to reject attempts to force it back to the negotiating table.
NAR asks Supreme Court to weigh in on DOJ fight
The trade group’s petition leans heavily on the government’s promise to close investigations into the Clear Cooperation Policy and the Participation Rule.
Clear Cooperation takes center stage, faces pressure to change
Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules.
Agents say business as usual since Aug. 17 — but signs of strain ahead
While most reported normal activity in the weeks after the commission rules took effect, some saw an uptick in listing clients refusing to pay buyers’ fees, new Inman Intel Index results show.
Real estate agents lament dud of a summer: Client Pipeline Tracker
Buyers failed to bite this summer despite falling mortgage rates. It has agents about as down on their business prospects as they’ve been all year heading into the NAR settlement era, according to Intel’s Client Pipeline Tracker.
NAR settlement rules: Live updates as the real estate changes roll out
New rules stemming from the National Association of Realtors’ landmark commission settlement went into effect Saturday. Inman is tracking the impacts of those rules in real time.
Today marks the dawn of a new day for real estate. Make the most of it
The best real estate agents will thrive, the profession will be elevated, rot will be removed and the brands that are built on trust and integrity will rise to the top, Inman founder Brad Inman writes.
EXp not ‘doing broker-to-broker compensation’ — with caveats
A much-discussed listing agreement update reflects upcoming NAR rules, but doesn’t bar sellers from offering compensation to buyers’ agents.
Ed Zorn: Why mandatory buyer contracts are a ‘big consumer win’
California Regional MLS’s general counsel talks offers of compensation, seller concessions, steering and buyer agency agreements ahead of his appearance at Inman Connect Las Vegas.