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Commission Lawsuit

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‘The DOJ is coming for NAR’: What’s next after the $418M settlement?

November 27, 2024 by bp56691
‘The DOJ is coming for NAR’: What’s next after the 8M settlement?
Despite the NAR settlement gaining final approval, many in the real estate industry believe this is just the start for more antitrust issues.
Categories Commission Lawsuit, Department of Justice, Legal, national association of realtors, Real Estate, sitzer/burnett

NAR’s commission lawsuit settlement receives final approval

November 26, 2024 by bp56691
Final approval was given to settlements reached by NAR, HomeServices of America, and the 15 MLSs and 13 brokerages that opted in.
Categories Commission Lawsuit, Department of Justice, HomeServices of America, Legal, NAR Lawsuit Settlement, national association of realtors, Real Estate, sitzer/burnett, U.S. Department of Justice

RE/MAX, Keller Williams, Anywhere denied in efforts to dismiss Batton 1 commission lawsuit

November 25, 2024 by bp56691
Meanwhile, the Batton 2 plaintiffs are looking amend their complaint by adding more plaintiffs and removing the state claims.
Categories Anywhere, Commission Lawsuit, Keller Williams, Legal, national association of realtors, RE/MAX, Real Estate

The next NAR scandal is here — and it’s about extravagant executive perks

November 18, 2024 by bp56691
The New York Times reported on lavish perks enjoyed by NAR executives, which could cause the trade group to lose its nonprofit status.
Categories Commission Lawsuit, national association of realtors, Real Estate, sitzer/burnett

Court denies eXp’s motion to stay Gibson suit despite settlement

November 14, 2024 by bp56691
eXp World Holdings negotiated a commission lawsuit settlement with the Hooper plaintiffs, but the Gibson plaintiffs don’t like the terms.
Categories Brokerage, Commission Lawsuit, eXp Realty, eXp World Holdings, Legal, Real Estate

Despite everything, NAR hasn’t lost many members (and its budget reflects that)

November 11, 2024 by bp56691
NAR’s Board met at the conclusion of the NAR NXT conference, voting on measures involving candidate vetting, and the 2025 budget.
Categories Canada, Commission Lawsuit, national association of realtors, Real Estate
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