The National Association of Realtors (NAR) filed a petition on Monday, May 22, to request a rehearing of the three-judge panel decision allowing NAR to resume its investigations into NAR policies and practices.
On Monday, May 3, 2024, Redfin became the 10th brokerage to reach a settlement, filing a Form 8-K report with the U.S. Securities and Exchange Commission (SEC) agreeing to pay $9.25 million to settle commission lawsuits.
On Friday, April 26, 2024, HomeServices of America agreed to a settlement in Sitzer/Burnett, et al, for $250 million.
In an order released on Tuesday, April 23, Judge Stephen R. Bough granted preliminary approval of the NAR settlement, describing the sweeping changes in the agreement as “fair, reasonable, and adequate.” A final approval hearing is set for November.
On Friday, April 12, 2024, the U.S. Judicial Panel on Multidistrict Litigation decided against consolidating copycat commission lawsuits into one large case—at least for the time being.
The Real Brokerage announced today (April 8, 2024) it has agreed to a settlement to resolve the pending class action litigation, Umpa vs. NAR on a nationwide basis.
During a speech on March 19, President Biden addressed the NAR settlement. Learn what he said—and how NAR responded.
On Friday, March 22, 2024, Compass agreed to a proposed settlement amounting to $57.5 million, adding to the total settlement funds in industry lawsuits.
The entire real estate industry is reacting to the news of NAR’s settlement agreement. Katie Lucie shares three proactive strategies to navigate future changes and come out ahead as an agent.
The National Association of Realtors (NAR) has agreed to settle a series of antitrust commission lawsuits, paying $418 million in damages and revising commission rules.
The results are in for the third BAM x 1000Watt Agent Sentiment Survey, showing a variety of agent responses to the possibility of decoupled commissions as a result of antitrust commission lawsuits.
Tom Toole breaks down how agents can prepare for a decoupled commission environment if the DOJ succeeds in its proposal in the Nosalek lawsuit.
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