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Fathom is the latest brokerage to settle the commission lawsuits

Housing Wire

Additionally, Fathom noted that as part of the settlement it has agreed to adhere to the rule and business practice changes outline in the National Association of Realtors’ nationwide commission lawsuit settlement agreement. “We Fathom will then pay a final installment of $1.950 million on or before Oct.

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Douglas Elliman settles the commission lawsuits

Housing Wire

The settlement agreement reflects Douglas Elliman’s commitment to mitigating future uncertainties and limiting legal costs, which will benefit our Company, agents and stockholders,” Howard M. The National Association of Realtors has also reached a nationwide settlement of the commission lawsuits. million as of Dec.

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Plaintiffs respond to brokerage defendants’ motions to dismiss Batton 2 suit

Housing Wire

The motions filed by Compass , eXp World Holdings , Redfin , Weichert Realtors and United Real Estate claim that the homebuyer plaintiffs are simply trying “to parrot the allegations they made in an amended complaint,” which was filed in the Batton 1 suit that consists of the same plaintiffs but a different group of brokerage defendants.

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Brokerage defendants file motion to dismiss Batton 2 suit

Housing Wire

The motion also argues that the plaintiffs’ complaint “fails to allege facts to plausibly suggest that the Defendants entered into any agreement — with non-party National Association of Realtors (NAR) or amongst each other.” The discovery process for each of the Batton suits is not scheduled to be completed until May 2026.

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Real estate brokerages notch procedural victory in commission case

Housing Wire

This is positive news for the suit’s other defendant, the National Association of Realtors , who has also settled the home seller commission lawsuits. The defendants in the Batton 2 suit include Compass , eXp World Holdings , Redfin , Weichert Realtors and United Real Estate.

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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

Lastly, Reffkin noted that since the Sitzer/Burnett jury verdict and the announcement of the National Association of Realtors’ nationwide commission lawsuit settlement agreement in March, the industry has not seen any rapid changes in consumer behavior. “We million homes in 2026,” Reffkin said. million to 5.6

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FINDING THE KEY TO UNLOCK ‘STUCK’ HOMEOWNERSHIP RATE

Will Springer Realtor

UNMARRIED AND BUYING TOGETHER For the third consecutive year, a report from the National Association of Realtors® (NAR) noted an increase in unmarried couples purchasing a home. If you don’t have a legally signed agreement, you’re in trouble.”. asks Maxim Lissak, a Bellevue, Wash., What happens then? Who has the right to buy the home?

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