Attorneys for the plaintiffs in a case now known as Moratis stress that NAR’s proposed settlement won’t stop “a key element of the antitrust conspiracy” and might take years to go into effect.
Category: NAR
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Will dual agency become common after NAR’s settlement?
Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as “double ending.”
Bright MLS will allow sellers to offer concessions upon listing
In response to NAR’s proposed settlement, the nation’s second largest MLS will add data fields on June 11 allowing sellers to signal they’re willing to offer buyer concessions when they list a home.
Recruiting War ’24: Commission suits loom over the fight for talent
Industry members see commission suits as one of the top recruiting challenges of 2024. But brokers who can target and elevate middle-tier agents might have an opportunity.
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‘Godspeed’: Enforcement of NAR settlement changes shifts to MLSs
At the Realtors Legislative Meetings earlier this week, MLS executives were told they would be responsible for making sure real estate agents and brokers follow the new commission rules.
NAR commission settlement rules will go into effect in August
The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected.
Douglas Elliman settles commission suits for up to $17.75M
The proposed deal would resolve antitrust claims brought by homesellers but not homebuyers.
Is NAR a net-positive? It depends if you ask an agent or a broker: Intel
These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively.