Everything you know about commissions is poised to change as NAR reaches a massive $418 million settlement.
Category: MLS & Associations
NAR agrees to settle commission lawsuits for $418M
NAR would agree not to create rules that allow listing agents to set compensation for buyer brokers as part of the settlement.
Case-Shiller is a go-to source for prices — but know these blind spots
Repeat-sales models have been the gold standard in home-price tracking for decades. Intel examines what they miss, and what some data providers are doing to fill in the gaps.
Sitzer | Burnett plaintiffs’ attorneys ask for a third of settlement payout
After five years and nearly 100,000 hours of work, the law firms are asking a federal court for $82 million of the proposed settlements to be paid by Anywhere, Keller Williams and RE/MAX.
Defendant, plaintiffs in Nosalek commission case unite against DOJ
Defendant MLS PIN and plaintiffs Jennifer Nosalek, Randy Hirschorn and Tracey Hirschorn asked a district court judge for permission to respond to a statement of interest the DOJ filed in the case.
Keller Williams settled. What does NAR do now? The Download
In the wake of the $70 million settlement by Keller Williams, NAR and HomeServices of America appear to be the ones left holding the bag. What happens next?
Does Umansky have what it takes to save real estate? The Download
At Inman Connect New York, The Agency founder unveiled his plan for a rival organization to take on NAR. Is there any chance it’ll work?
CoreLogic fights MLS cyberthreats with Clareity Assure
Adaptive authentication is at the heart of the system, a form of user identification that applies at random one of many factors to verify the request for access, such as location, device status and even the individual’s recent online behavior.
NAR, KW and HomeServices seek new trial in Sitzer | Burnett suit
The defendants point to “legal errors at trial” they say justify setting aside the jury’s historic, multi-billion-dollar verdict and giving the defendants another chance to make their case in court.
From Sitzer to Moehrl, 2023 was the year of commission confusion
Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn’t the only lawsuit with commissions in the crosshairs.