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15 commission lawsuit settlements gain final approval

June 24, 2025 by bp56691
Some big names in real estate — including Side, Keyes Co. and JPAR — have reason to celebrate after the final approval of their settlements.
Categories Commission Lawsuit, Howard Hanna, Howard Hanna Real Estate Services, HWmember, Legal, NAR Lawsuit Settlement, national association of realtors, Real Estate, Side Real Estate, sitzer/burnett

Inventory is rising, but existing home sales remain in a major slump

June 23, 2025 by bp56691
Inventory is rising, but existing home sales remain in a major slump
Last month was the slowest May for existing home sales since 2009. They were down 0.7% year-over-year to 4.03 million, and sales in the West were down significantly.
Categories Existing home sales, Housing Market, HWmember, national association of realtors

15 commission lawsuit settlements are up for final approval next week

June 19, 2025 by bp56691
Judge Stephen R. Bough will consider settlements reached by several big-name brokerages, including Side, NextHome and JPAR.
Categories Commission Lawsuit, HWmember, Legal, NAR Lawsuit Settlement, national association of realtors, NextHome, Real Estate, Side Real Estate, sitzer/burnett

Are settlement rules pushing down agent commissions? New survey says the opposite

June 18, 2025 by bp56691
Are settlement rules pushing down agent commissions? New survey says the opposite
There’s little evidence to suggest that commission rates are coming down to a substantial degree, and a new survey shows the opposite.
Categories Agent, Commission Lawsuit, HWmember, national association of realtors, Real Estate, Real Estate Agents, sitzer/burnett

‘No legitimate justification’: California broker sues NAR over ‘anticompetitive’ dues

June 9, 2025 by bp56691
A California real estate broker is suing NAR over a policy that forces brokers to pay dues for agents who aren’t members.
Categories California, California Association of Realtors, HWmember, Lawsuit, Legal, national association of realtors, Real Estate

Goby Homes launches property transaction platform, founder honored by NAR

June 4, 2025 by bp56691
The platform was developed to reduce transaction failures and cybersecurity risks that continue to plague the real estate industry.
Categories Brokerage, Cybersecurity, Homebuyers, HWmember, national association of realtors, Real Estate, Technology

DOJ withdraws objection to MLS PIN settlement, clearing the way for preliminary approval

May 29, 2025 by bp56691
The DOJ has withdrawn its objection to MLS PIN’s settlement of the Nosalek commission lawsuit, clearing the way for preliminary approval.
Categories Commission Lawsuit, Department of Justice, HWmember, Legal, MLS, national association of realtors, Real Estate

Howard Hanna disavows NAR’s Clear Cooperation Policy

May 23, 2025 by bp56691
In a letter sent to MLSs this week, Hoby Hanna told MLS executives that his firm does not feel that CCP is “binding”
Categories Clear Cooperation, Compass, Howard Hanna, Howard Hanna Real Estate Services, HWmember, MLS, national association of realtors, Real Estate

With more inventory, where are home prices headed?

May 22, 2025 by bp56691
With more inventory, where are home prices headed?
Housing inventory is growing and returning to normal levels while sales remain depressed. But that doesn’t mean a big drop in home prices.
Categories Existing home sales, Home Prices, Housing Inventory, Housing Market, HWmember, national association of realtors

NAR: Americans want a tax plan that supports the American dream

May 20, 2025 by bp56691
NAR’s poll shows that 67% of voters support doubling the capital gains exemption on the sale of a primary residence and a robust tax plan.
Categories Contributors, Housing Market, HWmember, Low-Income Housing Tax Credit, national association of realtors, Opinion, Real Estate, Tax
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