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NAR Lawsuit Settlement

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MLS PIN preliminary settlement approval hearing set for April

January 27, 2025 by bp56691
After 16 months of back and forth, Judge Patti B. Saris has made it clear that she is ready to move on from the Nosalek commission lawsuit.
Categories Commission Lawsuit, HWmember, Legal, NAR Lawsuit Settlement, national association of realtors, Real Estate

AI agent platforms look to find their stride in 2025

January 23, 2025 by bp56691
AI agent platforms look to find their stride in 2025
AI real estate agent companies proliferated in the wake of the business practice changes mandated by the NAR settlement going into effect.
Categories Agent, Artificial Intelligence, Commission Lawsuit, HWmember, NAR Lawsuit Settlement, Real Estate, Real Estate Agents, Technology

New CMLS leader John DiMichele on the state of multiple listing services

January 3, 2025 by bp56691
New CMLS leader John DiMichele on the state of multiple listing services
HousingWire real estate reporter Jeff Andrews sat down with John DiMichele, the new chair of the Council of Multiple Listing Services (CMLS), to discuss the state of MLSs and their future in a rapidly changing real estate environment.
Categories HWmember, MLS, NAR Lawsuit Settlement, national association of realtors, Real Estate

Appeals of NAR settlement approval continue to pile up

December 26, 2024 by bp56691
Two appeals were filed earlier this week by Hao Zhe Wang, and Rosalie Doyle, Jessica Winters and John Guerra, for a total of seven appeals.
Categories Commission Lawsuit, Legal, NAR Lawsuit Settlement, Real Estate, sitzer/burnett

Realty ONE Group’s flat-fee model and positivity fuel success

December 10, 2024 by bp56691
Realty ONE Group’s flat-fee model and positivity fuel success
Realty ONE Group’s CFO says that his firm’s flat-fee model is attractive to agents based on market headwinds.
Categories Brokerage, Commission Lawsuit, NAR Lawsuit Settlement, Real Estate, Realty ONE Group

eXp Realty’s Leo Pareja looks forward to incremental change in 2025

December 9, 2024 by bp56691
eXp Realty’s Leo Pareja looks forward to incremental change in 2025
After a year of seismic shifts, Pareja and eXp Realty are looking forward to solidifying best practices and focusing on consumers in 2025.
Categories Brokerage, Commission Lawsuit, eXp Realty, NAR Lawsuit Settlement, national association of realtors, Real Estate

NAR settlement faces another legal appeal

December 4, 2024 by bp56691
Judge Stephen R. Bough’s ruling that granted final approval to the National Association of Realtors’ (NAR) commission lawsuit settlement agreement is facing yet another appeal. On Tuesday, Robert Friedman filed an appeal of Bough’s ruling with the Eighth Circuit Court of Appeals.
Categories Commission Lawsuit, Legal, NAR Lawsuit Settlement, national association of realtors, Real Estate, sitzer/burnett

NextHome CEO James Dwiggins on NAR settlement aftermath: ‘We’re in the first inning’

November 30, 2024 by bp56691
James Dwiggins on the NAR settlement fallout: “We’re in the first inning. We’ve only had a few months to see how things have played out.”
Categories Commission Lawsuit, NAR Lawsuit Settlement, NextHome, Podcasts, Real Estate, Real Estate Agents

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
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