Michael Ketchmark: Every move you make, we'll be watching you
In a phone interview, lead plaintiffs' counsel Michael Ketchmark weighed in on the consequences of violating the NAR settlement, Zillow's business model, and the 'monster case' that remains
by Andrea V. Brambila Aug 19
A brave new world awaits the real estate industry. Are you prepared?
Beginning Saturday, new rules around commissions take effect, paving the way for the biggest shift in real estate in at least a generation. It's a brave new world, and it begins this weekend
Are we allowed to let clients know about concessions upfront?
Opinion
With all the commission confusion surrounding the new rule implementation, compliance expert Summer Goralik answers your burning questions
by Summer Goralik Aug 16
Is it possible to market a seller wanting to offer a concession?
Opinion
With all the commission confusion as we near the Aug. 17 implementation deadline, compliance expert Summer Goralik is here to answer your burning questions, starting with concessions
by Summer Goralik Aug 13
Appeals court denies NAR rehearing request of DOJ probe
The latest order by a court of appeals in Washington, DC, means the DOJ is free to reopen its investigation into the National Association of Realtors
by Taylor Anderson Jul 15
DOJ has close eye on settlement workarounds, NAR President says
In a statement sent to NAR members, Kevin Sears confirmed executives of the trade organization met with Assistant Attorney General Jonathan Kanter last week to discuss settlement updates
by Taylor Anderson Jul 2
MLS PIN forges ahead with rule changes over DOJ objections
Effective immediately, listing brokers and agents can submit for-sale listings to the MLS without offering any cooperating compensation to the buyer broker
by Andrea V. Brambila Jun 27
Meet the companies offering commission-sharing workarounds
NAR's landmark settlement bars sellers' agents from offering commissions to buyers' agents in the MLS. A batch of new companies are stepping in to fill the void
by Jim Dalrymple II Jun 25
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
DOJ inquiry delays settlement-related document rollout at CAR
The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the US Department of Justice
by Jim Dalrymple II Jun 21
'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
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
FBI raids Atlanta office of apartment operator Cortland
Investigators searched the company's office as part of an inquiry into alleged apartment price-fixing in the multifamily industry
by Ben Verde Jun 6
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'