While plans to privatize the mortgage giants are on the back burner, Trump administration may impose limits on how much support the mortgage giants can provide to riskier borrowers.
Category: national association of realtors
Commission plaintiffs sue Sibcy Cline — and settle for nearly $1M
The independent, Ohio-based brokerage will pay $895,000 to settle a lawsuit known as Keel after its lead plaintiff, bringing the total settlement fund for plaintiffs in the case to $11.5 million.
Crye-Leike alleges coverage under NAR deal despite industry ranking
Despite its ranking as the 31st largest brokerage in the T3 Sixty Real Estate Almanac for more than $7 billion in sales volume in 2022, Crye-Leike says Gibson suit shouldn’t be allowed to proceed.
Legal tit-for-tat pulls back curtain on eXp’s ‘sweetheart’ settlement
In new court filings, eXp, Weichert and plaintiffs share new details about how settlement negotiations in the Gibson case fell apart before the brokerage moved to settle in a case called Hooper.
Potential Trump grants freeze undermines the American dream
The potential economic and market impacts of federal job layoffs and a pending grants freeze could last for generations, Rachael Hite writes.
New commission suit against Side, others filed — and all but settled
Side and other brokerages, along with a pair of MLSs, will collectively pay $10,570,000 to settle the new antitrust case if proposed terms — offered on the same day as the suit was filed — are greenlit.
MLS PIN pushes back against DOJ in advance of settlement hearing
The court will consider approving the latest deal in the case, which allows commission sharing in the multiple listing system.
Agents embrace private listing networks. Consumers? Not yet
Sixty-nine percent of agents since 2020 have recommended their sellers list on a private listing network. However, sellers still favor listing on the multiple listing service, a Zillow survey said.
71% of real estate agents didn’t close any deals last year
At Inman Connect New York, Redfin’s Joe Rath broke down the views of active agents in the industry, who make up less than a third of all Realtors.
SCOTUS upheld the TikTok ban. Here’s what agents should do now
The Supreme Court’s decision to uphold TikTok’s divestiture deadline on Friday leaves real estate agents racing to adapt their marketing strategies. Experts Katie Lance and Cynthia Seifert share how to diversify platforms, deepen client connections and build resilience as the app’s future hangs in the balance.