Judge pauses New York antitrust suits over plaintiff objections
Plaintiffs allege REBNY and dozens of real estate brokerages perpetrated a 'wholly separate conspiracy' from the claims resolved by the NAR settlement, but defendants disagree
by Andrea V. Brambila Jun 26
Judge denies stay order after plaintiffs argue against NAR deal
Attorneys for the plaintiffs in a case now known as Moratis stress that NAR's proposed settlement won't stop 'a key element of the antitrust conspiracy' and might take years to go into effect
by Andrea V. Brambila Jun 24
Broker-owned MLSs have forked over millions under NAR opt-in deal
The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors' commission settlement, according to a new Inman analysis
by Andrea V. Brambila Jun 24
'Not warranted': DOJ pushes back against NAR rehearing request
The US Department of Justice on Monday argued NAR 'does not identify any errors of law or fact meriting panel rehearing' over whether the antitrust enforcer can reopen its probe into NAR rules
Countdown as firms not covered by NAR settlement face tough choice
Brokerages and MLSs have until 11:59 pm CST Tuesday to opt in to deals resolving antitrust claims brought by sellers targeting commissions. Inman contacted 79 brokerages for their updates
by Taylor Anderson Jun 18
Mark your calendars: DOJ set to weigh in on multiple antitrust cases
The antitrust enforcer has until June 20 and 21 to give its take on three real estate-related cases and potentially influence upcoming commission changes
by Andrea V. Brambila Jun 18
Proposed DOJ ban on commission offers against the law, MLS says
MLS PIN on Monday urged a district court to reject the Department of Justice's arguments against a settlement with homeseller plaintiffs in the Nosalek antitrust commission case
by Andrea V. Brambila Jun 12
Seller who balked at inadequate payout appeals commission deal
Pennsylvania homeseller Spring Way Center is seeking to overturn the court approval of deals reached with Anywhere, Keller Williams and RE/MAX to resolve antitrust commission suits
by Andrea V. Brambila Jun 11
NAR says settlement 'eliminates' steering. Plaintiffs issue warning
Plaintiffs' lawyer Michael Ketchmark vowed legal action to enforce deal: 'Anyone who thinks they can send a few emails or bury their head in the sand and avoid the application of the law is wrong'
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
Bright MLS will allow sellers to offer concessions upon listing
In response to NAR's proposed settlement, the nation's 2nd largest MLS will add data fields on June 11 allowing sellers to signal they're willing to offer buyer concessions when they list a home
by Andrea V. Brambila May 30
NWMLS opts out of NAR deal in bid to continue commission offers
Northwest MLS says banning compensation in the MLS restricts consumer choice and transparency. Plaintiffs' attorney Michael Ketchmark says 'the fox is guarding the chicken house'
by Andrea V. Brambila May 30
At NAR midyear, 'the media' was cast as the villain — repeatedly
NAR's legal team, president and chief economist defended the group's cooperative compensation rule and used journalists as a scapegoat repeatedly during midyear panels earlier this month
by Andrea V. Brambila May 20
What should I tell clients? Question leads to free-for-all at NAR midyear
May 6 remarks from Anthony Lamacchia spurred at least 1 NAR midyear attendee to leave the MLS Forum in protest, others to hurl steering accusations, and NAR's senior counsel to intervene
by Andrea V. Brambila May 16
Sitzer judge indicates his support for proposed NAR settlement
Judge Stephen R. Bough said payouts and practice changes in NAR's deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent 'substantial benefits' for sellers
by Andrea V. Brambila May 14