At a forum for reps of 50 large brokerage firms, The Realty Alliance CEO Craig Cheatham asked why the nearly 1.6M-member trade group can't use its political influence for an 'existential threat'
The National Association of Realtors laid out its arguments to overturn the ruling Tuesday. The plaintiffs' attorney said if the trade group doesn't change, it risks an injunction and DOJ wrath
A homebuilder and holding company filed the case Monday. But unlike other suits against NAR, this one lists the Texas Association of Realtors and other local organizations as defendants
The National Association of Realtors' legal team on Monday blamed the ruling on the judge. The plaintiffs' attorney, meanwhile, said NAR hadn't 'learned anything' from its 'resounding defeat'
A new commission lawsuit filed Monday seeking class-action status alleges sellers encountered 'illogical, harmful, irrational and anticompetitive effects' of NAR's cooperative compensation rule
'Batton 2,' exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another suit called Gibson
Disrupting the National Association of Realtors' use of multiple listing services as a 'vehicle for higher commissions' is at the center of talks, lawyer Michael Ketchmark told Inman exclusively
In a final push on Monday, attorneys for real estate franchisors and the National Association of Realtors argued that homesellers in the case failed to prove a conspiracy to inflate commissions
Keller Williams co-founder Gary Keller provided lengthy testimony Friday as the defense wrapped up a case to be decided by a Kansas City jury later this week
Redfin will still classify agents as employees but, beginning next year, will transition those in some California markets to an all-commission-based pay program
Plaintiffs’ attorney Michael Ketchmark played a video of a Tom Ferry interview with Allan Dalton of Berkshire Hathaway HomeServices that drew objections and threatened to derail proceedings
Big names, heated exchanges and the emergence of homeseller plaintiffs on the stand dominated the first week of the Sitzer | Burnett commission trial in Kansas City, Missouri
Although you need to be careful with ChatGPT, it can be a great resource for idea generation. We asked how to handle commission questions and got some surprisingly solid suggestions
The plaintiffs in a class action antitrust suit challenging the industry’s commission structure took to the stand to make the case that the practice of homesellers paying buyer agents is 'unfair'
On Day 2 of witness testimony Wednesday, attorney Michael Ketchmark narrowed in on training materials and presentation slides he alleged violated antitrust policies held by the defendants
The study by a trio of researchers analyzed hundreds of thousands of listings and found that those offering lower commissions to buyers' agents received less attention and took longer to sell
As the commission trial begins, the Kansas City courtroom saw opening arguments and testimony from industry leaders Keller, Goldberg and HomeServices of America CEO Gino Blefari
The National Association of Realtors, Keller Williams, HomeServices and its subsidiaries BHH Affiliates and HSF Affiliates submitted their trial briefs ahead of the antitrust trial in Kansas City
The long-awaited Sitzer|Burnett commission trial is underway in Kansas City, Missouri, and Inman is covering it all live as it unfolds. Check back early and often for news, views, schedules and more
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
An attorney for the Sitzer/Burnett homeseller plaintiffs calls the change a 'stunning admission of guilt' on the eve of a class-action trial set to start Oct. 16
The homeseller plaintiffs agreed to a 2-month extension of deadlines related to a proposed deal with MLS PIN after the federal agency asked for time to assess the deal's 'competitive impact'
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
A federal judge struck down charges that defendants conspired to 'fix,' 'maintain' and 'increase' prices for buyer brokerage services, but allowed claims they sought to 'control' prices to proceed
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
Now that Anywhere and RE/MAX have tapped the first dominoes, here's what you think will happen with the bombshell commission lawsuits
Realtors are cancelling memberships, hounding local boards and organizing petition drives days after NAR resisted calls Thursday to censure Bob Goldberg for his handling of misconduct claims
Real estate professionals are preparing for painful changes and the upending of the status quo if courts rule in favor of plaintiffs in 2 key suits, a survey on commissions conducted by Intel shows
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
The antitrust enforcer argued NAR's pocket listing and commission rules need 'to be assessed on their merits' on whether they cost American homebuyers billions of dollars a year
Judge Patti Saris, of the US District Court in Massachusetts, said she 'loved' the commission rule changes the deal includes, but didn't think the litigation fund was fair for plaintiffs
At Inman CEO Connect, Russ Cofano, James Dwiggins and Greg Robertson debated the changes that agents and brokers may see as a result of homeseller lawsuits and government interference
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
At Inman Connect Las Vegas, real estate strategist Mike DelPrete explained the 'unfair advantage' of the low-fee business models and how agents are the ultimate solution
So you've decided to join us at Inman Connect Las Vegas. Bravo! Here's a day-by-day breakdown of the conference along with some tidbits to get the most out of your week in Sin City
The ruling against HomeServices of America in federal court on Wednesday sets the stage for a likely Oct. 16 start for the first of 2 highly anticipated bombshell commission trials later this year
In a 'friend of the court' brief, the Chamber said the government should have to keep its promise to not investigate the National Association of Realtors' commission and pocket listing policies
Starting Aug. 9, the nation's 2nd-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright
Agents with 5 or fewer sales a year took in an estimated 25-30% of all commission income in 3 disparate markets, according to an analysis of MLS data by the Consumer Federation of America
Those agents who are still consistently working the fundamentals are the ones seeing success, and they'll also be the ones who have clients when we hit Q4
If the parties don't settle, expect a lengthy trial for the Moehrl homesellers' case against NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America
Brokerage Engine will leverage Payload’s flexible set of APIs to automate a range of crucial financial functions, according to an announcement exclusively sent to Inman
A federal appeals court on Wednesday denied a request from NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America to overturn class certification in the Moehrl lawsuit
Find out how agent migration patterns can offer significant insight into the future of real estate brokerage growth
From voting to raise membership dues to requiring fair housing training to learning best practices for artificial intelligence, Realtors are steering their own fate in the industry
At the Realtors Legislative Meetings, NAR attorney Charlie Lee stressed agents can't count on a 'standard' commission and will have to negotiate compensation with clients and listing brokers
Some real estate agents are earning tons in extra splits from their brokerages, the real estate advisor told Intel. Everything seems great — until they're told to pay it back in full
The Real Brokerage founder Tamir Poleg shares how his rapidly growing business scooped up so much market share last year against the odds — and what the market holds in the days ahead
Flock, HighNote, Plus Platform, Prisidio, Real Grader, Summer and Tongo are the 11th class to participate in Second Century Ventures' REACH program, according to an announcement Tuesday
From 2019 to 2023, the number of agents who left a brokerage due to a weak culture doubled to 30%, according to a recent Coldwell Banker survey
Real estate businesses burned through billions in cash last year. Intel breaks down the biggest companies with the least wiggle room as economic uncertainty stretches into 2023
From 'NAR is toast' to 'don't make any rash decisions,' real estate agents, executives and thought-leaders offered their thoughts on the explosive Moehrl class certification ruling Wednesday
A judge on Wednesday granted class certification in a federal commission suit that could rock the real estate industry and impact how agents are compensated nationwide
Fee hikes for new and existing agents are set to begin April 1 and come after a tumultuous 2022, when Real posted significant losses, the brokerage confirmed to Inman
Coldwell Banker Seacoast Advantage allegedly pocketed commission fees it told its agents were going to the franchisor. The brokerage says the allegations are 'a complete fabrication'
Preliminary injunction in Massachusetts says 'homeowner benefit agreements' are actually high-interest mortgage loans and can no longer be offered or enforced until case is resolved
Following lawsuits in Pennsylvania, Massachusetts, Florida and Ohio, the brokerage is redrafting 40-year contracts that offer homeowners cash in exchange for exclusive rights to list their home
Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined
Real estate's top thought leaders shared their best advice for thriving in a slower market during CEO Connect in New York last month. Here's what they had to say
Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is 'overreaching' in the case and on whether changes to the controversial rules are necessary
District court judge sets aside US Department of Justice 2021 demand for information from the National Association of Realtors on buyer broker commission and pocket listing rules
Jenkins, Better Homes and Gardens Native American Group chief marketing officer, sat down with Inman ahead of his appearance at Inman Connect New York later this month
The Sitzer/Burnett trial has been delayed until after a higher court rules on an appeal from HomeServices of America
Following the launch of an investigation by regulators in North Carolina last month, Florida's attorney general's office says MV Realty's business practices 'shock the conscience'