Effective immediately, listing brokers and agents can submit for-sale listings to the MLS without offering any cooperating compensation to the buyer broker
Plaintiffs allege REBNY and dozens of real estate brokerages perpetrated a 'wholly separate conspiracy' from the claims resolved by the NAR settlement, but defendants disagree
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
The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors' commission settlement, according to a new Inman analysis
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
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
Pennsylvania homeseller Spring Way Center is seeking to overturn the court approval of deals reached with Anywhere, Keller Williams and RE/MAX to resolve antitrust commission suits
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'
The franchisors are not required to implement the business practice changes they agreed to until after the appeals process
In response to NAR's proposed settlement, the nation's 2nd largest MLS will add data fields on June 11 allowing sellers to signal they're willing to offer buyer concessions when they list a home
Northwest MLS says banning compensation in the MLS restricts consumer choice and transparency. Plaintiffs' attorney Michael Ketchmark says 'the fox is guarding the chicken house'
NAR's legal team, president and chief economist defended the group's cooperative compensation rule and used journalists as a scapegoat repeatedly during midyear panels earlier this month
May 6 remarks from Anthony Lamacchia spurred at least 1 NAR midyear attendee to leave the MLS Forum in protest, others to hurl steering accusations, and NAR's senior counsel to intervene
Judge Stephen R. Bough said payouts and practice changes in NAR's deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent 'substantial benefits' for sellers
The ruling by Judge Stephen R. Bough on Thursday resolves antitrust claims in the Sitzer | Burnett, Moehrl and Nosalek commission cases. However, it won't quash other existing suits from buyers
The trade group had signaled plans to raise dues in 2025, but during a board of directors meeting Thursday at the Realtors Legislative Meetings voted 894-20 to leave them as-is for another year
The plaintiffs in a suit known as Batton 1 have filed for a temporary restraining order preventing the final approval of the Keller Williams, Anywhere and RE/MAX settlements
At the Realtors Legislative Meetings earlier this week, MLS executives were told they would be responsible for making sure real estate agents and brokers follow the new commission rules
Realtor.com CEO Damian Eales took to the podium on Monday at the MLS Forum of the Realtors Legislative Meetings to refute rival CoStar's earlier claims about Homes.com's growing traffic
At the Realtors Legislative Meetings on Sunday, National Association of Realtors President Kevin Sears spontaneously fielded questions about the trade group's proposed antitrust settlement
