Transparency around commissions could force more brokerages to compete on price in addition to service, chief executives at several low-fee brokerages told Inman on Friday
Among other things, the case could ultimately drive down commissions and weaken industry organizations, agents told Inman
Proposed settlement would require the trade group to repeal or change several rules the US Department of Justice deems anticompetitive
Robert Smith, CEO of Vista Equity Partners, will pay back taxes owed on offshore assets totaling $140M. Vista has a majority stake in Lone Wolf Technologies
Denis Donovan, a rental broker affiliated with Village Realty, is accused of engaging in housing practices that discriminate on the basis of race or color
Jeffrey Detloff is accused of steering maintenance and repair contracts to companies that provided his own firm a kickback
The FTC says Mount Diablo Lending and its owner responded to negative reviews by posting consumer's credit history, debt-to-income ratio and other personal information
The financial services and analytics firm, which provides products and services to the real estate industry, generated $459M in revenue in Q3
The statement mirrors the one the agency filed last week in a similar lawsuit, indicating a wider probe into buyer's broker commissions
In a new filing Monday, DOJ claims the National Association of Realtors is 'inaccurately portraying' a 2008 consent decree in its defense in buy-side commission lawsuit
Activists argue the change would make it harder to bring housing discrimination cases under the Fair Housing Act
The Rosen Law Firm, which a month ago threatened a class action lawsuit, pulled the trigger Thursday, filing a federal suit in the US District Court of New Jersey
Three more plaintiffs added to lawsuit involving the sharing of commissions between listing and buyer brokers
The same firm has filed a class action lawsuit against Zillow and frequently announces it's investigating other public companies
The major class-action lawsuit against NAR, Realogy, KW, RE/MAX, HomeServices of America and more has been amended to include new plaintiffs and new, more detailed accusations