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Category: settlement
The rich get richer? How NAR’s deal is widening the commission gap
For most, the rise of negotiated compensation for buyer’s agents hasn’t dramatically pushed down commissions — yet. But new rules may be benefiting top performers, new Intel polling shows.
More than 10 million homesellers targeted in class-action media blitz
JND Legal Administration, the company tapped by lawyers to oversee administrative tasks around the Gibson settlement, sent mail out to millions of potential class members earlier this year.
Buyer appeals Keller Williams, Anywhere, RE/MAX settlements
The franchisors are not required to implement the business practice changes they agreed to until after the appeals process.
60-day clock begins for brokerages seeking to opt into $418M NAR deal
Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered.
HomeServices wants US Supreme Court to weigh Sitzer | Burnett case
The franchisor filed a petition to the Supreme Court on Friday requesting the review of an earlier appeals court ruling barring it from enforcing arbitration agreements signed by seller clients.
MLS PIN settlement approved after overcoming judge’s qualms
Judge Patti Saris, of the U.S. District Court in Massachusetts, preliminarily approved the deal after the settlement fund was restructured.