In the latest filing in its quest for damages, Utah-based discount brokerage Homie asserted NAR, KW, RE/MAX and others created and enforced rules that amounted to an illegal conspiracy
After 4 years at eXp Realty, Michael Valdes is moving to LPT Realty. After surpassing 10,000 agents in the US, the Florida-based brokerage is ready to expand internationally, executives told Inman
Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn't the only lawsuit with commissions in the crosshairs
The trade group's attorney says NAR is 'still analyzing' the consequences of the Sitzer | Burnett verdict. Judge Andrea R. Wood says Moehrl is a 'different case' that will likely go to trial in Q4 2024
Jurors in the 2-week commission trial shocked the real estate industry Tuesday, awarding an astonishing $5.36B in damages to homesellers after deliberating for 2 hours and 28 minutes
The allegations, the high-profile witnesses slated to testify and all the evidence the jury will and won't see — it's all here as the long-awaited Sitzer | Burnett commission trial unfolds this week
The Department of Justice's antitrust division on Thursday requested a 2-month deadline extension to review a proposed deal between homesellers and MLS PIN, a broker-owned multiple listing service
The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including 'no longer forcing homesellers to pay buyer’s agents'
Judge Patti Saris preliminarily approved the deal after settlement fund restructuring. The case could provide a sneak peek at broader changes pending bombshell commission suit outcomes
The company agreed to resolve the claims against it for $83.5M. Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to 'change its practices'
The National Association of Realtors filed 4 requests in the US District Court in Western Missouri on Thursday involving commission rule changes, government investigations and discrimination
A pair of explosive lawsuits could upend how brokers do business. As those suits come closer to trial, tell us how you feel about those cases and how prepared the industry is for the repercussions
At Inman Connect Las Vegas, real estate broker and attorney Kendall Bonner urged the industry to be proactive instead of waiting to be legally 'bullied' into change
Homesellers plan to use funds from MLS PIN, the largest multiple listing service in New England, to continue antitrust litigation against Anywhere, Keller Williams, RE/MAX and HomeServices
Ahead of Inman Connect Las Vegas in August, Anywhere and Coldwell Banker executive Liz Gehringer told Inman that amid economic turmoil agents need to focus on their book of business