Petitioners include many plaintiffs in other commission lawsuits, with many taking issue with the nationwide nature of the settlement.
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In the wake of the Sitzer/Burnett verdict, many real estate professionals were concerned about the impact on first-time buyers. Where do they stand today?
University of Buffalo law professor Tanya Monestier claims in a 132-page objection that the settlement “is the worst of all possible worlds.”
Despite initial concerns, real estate professionals say the temporary fix issued by Veterans Affairs has made these transactions better.
Questions about commissions linger a year after the Sitzer/Burnett verdict, but brokers are beginning to find patterns in seller behavior.
The Gibson plaintiffs seek to transfer the Hooper suit to Missouri, allowing Judge Stephen Bough to oversee the approval of eXp’s settlement.
Real estate professionals will be looking to the recent decision in the Moratis commission lawsuit as they seek clarity on the outcomes of related cases. (Image generated by AI in Midjourney)
In the nearly 12 months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, much […]
The opt-in settlements reached by the 13 brokerages and 15 non-Realtor-owned MLSs are scheduled for final approval in November.
A total of 13 brokerages and 15 non-Realtor-owned MLSs opted into the NAR settlement, contributing $30.6 million to the settlement fund.
Fathom Holdings, the parent company of Fathom Realty, has joined the list of corporate brokerages to settle the commission lawsuits.
In a document filed with the Securities and Exchange Commission on Monday, Fathom notified shareholders of its decision to settle the antitrust claims related to the Siter/Burnett suit. The agreement settles all related claims nationwide and […]
Landian, which claims it is not a brokerage, allows homebuyers to select services from real estate agents and pay for them a la carte.
NAR will file a writ of certiorari with the Supreme Court by Oct. 10, in its ongoing appeal over the DOJ’s reopening of its investigation.