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NAR to vote on Clear Cooperation Policy as legal threat looms

Housing Wire

And the decision comes under the shadow of a potential legal challenge. Michael Ketchmark , the lead plaintiffs counsel in the Gibson commission lawsuit against real estate brokerages, told Inman News that his firm is closely monitoring NAR s vote and will determine its next steps based on the outcome. What’s next?

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Thinking of joining a real estate team? Here’s everything you should know

Housing Wire

Youve likely heard about real estate teams and how they can impact your career but what exactly are they, and why are so many agents joining or building teams? Its important to understand how real estate teams work for you to decide whether its the right career move for you. How do real estate teams work?

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Year of change: Real estate pros reflects on anniversary of Sitzer/Burnett verdict

Housing Wire

What has changed for real estate brokerages since then? 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. “I’m Listing agents are only advertising their seller’s offer of buyer broker compensation if the seller instructs them to do so.

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Fairway, accused of redlining in Alabama, agrees to settle for $1.9M

Housing Wire

million people — Fairway had three retail loan offices and three desks in real estate offices, all in majority-white areas. From 2018 to 2020, it directed less than 3% of its direct mail advertising to consumers in majority-Black areas and, despite knowing about the discrepancies, failed to address them.

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Zillow victorious in false advertising suit with discount brokerage

Housing Wire

Real estate giant Zillow came out victorious in its years-long legal battle with discount brokerage REX Real Estate. District Court in Seattle determined that Zillow did not make deceptive change to its only agent listings that forced REX Real Estate to go out of business.

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Miami homeowner sues eXp for fraud over renovation

Housing Wire

The legal department at eXp Realty and parent company eXp World Holdings is not getting any rest over the holidays. In his filing, Ammann claims that eXp publicly advertises that its agent s may not act as contractors providing home repair or renovation services on properties they represent, as doing so would be a conflict of interest.

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Anywhere faces racketeering charges in Minnesota lawsuit

Housing Wire

Despite having long ago settled the commission lawsuits , legal challenges continue to mount for real estate industry giant Anywhere. The lawsuit, which alleges claims of false advertising, was filed in a U.S. district court in Minnesota by plaintiffs Michael and Lauren Campoli.

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