Maurice Muhammad alleges a 'monopoly' by NAR, the state Realtor association and the local MLS limits competition, inflates prices, and disproportionately affects minority brokers and agents
In a webinar Tuesday, Keller Williams' Jeff Hickey, NextHome's James Dwiggins, Miami MLS's Liz Sturrock and Seven Gables' Mike Hickman clashed over the future of NAR's pocket listing rule
The flat-fee brokerage dismissed its antitrust case against the MLS but kept as defendants Keller Williams, the National Association of Realtors, Anywhere, HomeServices of America and RE/MAX
On Friday, the franchisor and plaintiffs told the court they had finalized the deal terms earlier this month and expect to file a joint case dismissal by November
The Park City Board of Realtors informed the National Association of Realtors it would no longer require agents to comply with the pocket listing rule due to fear of litigation
The American Real Estate Association is looking for those 'fined or otherwise harmed' by the National Association of Realtors' pocket listing rule and are interested in 'collective action'
The trade group's petition leans heavily on the government's promise to close investigations into the Clear Cooperation Policy and the Participation Rule
The homeseller suit known as Moratis alleged a West Penn MLS commissions-related rule violates antitrust laws, but unlike a similar NAR rule, the former expressly allows offers of zero dollars
Broker Romeo Manzanilla spoke to Inman ahead of his appearance at Connect Austin on Oct. 9 about raising professionalism in the real estate industry in the wake of NAR settlement changes
Sellers in the Gibson class-action suit filed objections Thursday to the dollar value of the proposed settlements, which include deals with Compass, Redfin and The Real Brokerage, among others
TAN CEO: 'NAR is the architect and promoter of the disastrous Clear Cooperation Policy and is the only party with the power to rescind it'
New CEO Nykia Wright told NAR's board of directors the trade group's next step will be to develop a 'comprehensive' litigation strategy and size up any additional legal exposure related to its rules
15 MLSs and 13 brokerages that chose to opt-in to NAR's commission settlement will cough up an additional $30,587,754 in compensation to sellers, raising the settlement fund to nearly $450M
After a decade leading the trade group's legal team — including through sexual harassment scandals and numerous anti-trust commission lawsuits — Johnson is leaving
University of Buffalo contracts law professor Tanya Monestier's sample form makes clear the buyer is on the hook for buyer broker compensation so long as they successfully close a deal
Rayse, which the company has positioned as a way of 'pushing back against the settlements,' is backed by Realtor associations, MLSs, brokerages and leaders, including co-CEO James Dwiggins
The FTC alleges the company advertised monthly rental rates that did not include mandatory 'hidden' fees that could add up to more than $1,700 per year
The American Real Estate Association's call to end NAR's pocket rule has drawn nearly 3,000 signatures since Friday, when the petition was first uploaded to the Change.org platform
There are now more than 2 dozen named plaintiffs in an antitrust case against the parent company of Howard Hanna, several of them also plaintiffs in other buyer commission suits
Law professor estimates the plaintiffs' law firms are asking for only 3% of the total value of the deals when 'historic' business practice changes are taken into account
