Housing Wire

FEBRUARY 6, 2024

REX Real Estate is back again trying to get a new trial in its false advertising lawsuit against Zillow. In January 2022, NAR filed a countersuit claiming that REX uses false advertising and misleading claims to deceive consumers in violation of the Lanham Act, but the countersuit was dismissed in late April 2022.

Advertising 448

Advertising Real Estate Brokerage Agents 448

Housing Wire

AUGUST 17, 2023

Though the National Association of Realtors is not out of the legal woods yet, the trade group does have reason to celebrate. In the order, Zilly noted that NAR’s No-Commingling Rule was optional and that about 29% of Realtor-affiliated MLSs had not adopted the rule, without any repercussions from NAR.

Advertising 370

Advertising Legal Brokerage Realtors 370

Housing Wire

AUGUST 5, 2024

per the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement. In the spirit of this arrangement, Real President Sharran Srivatsaa said the firm is leaving it up to sellers as to how and if they advertise offers of buyer broker compensation. “It Dwiggins said.

Sellers 468

Sellers Buyers Agents Advertising 468

Housing Wire

JULY 30, 2024

Initially, CRMLS said it added these fields in preparation to deal with the business practice changes outlined in the National Association of Realtors’ nationwide commission lawsuit settlement agreement. Art Carter, the CEO of CRMLS, said these changes were brought about by the modified forms released by California Association of Realtors.

Sellers 459

Sellers Advertising Realtors Agents 459

Housing Wire

JULY 30, 2024

The August 17 deadline is looming, and many Realtors are gnashing their teeth over how they can share their seller’s offers of buyer broker compensation while still complying with the terms of the settlement. Nesthook has not been created by the National Association of Realtors, any Realtor Association or MLS.

Buyers 459

Buyers Realtors Agents Sellers 459

Housing Wire

JUNE 24, 2024

It appears the commission lawsuits are not the only legal action in the real estate industry that’s currently of interest to the Department of Justice. The district court applied an incomplete legal framework in evaluating whether REX had presented a genuine dispute of material fact on concerted action in this case,” the filing states.

Advertising 397

Advertising Legal Real Estate Brokerage 397

Housing Wire

DECEMBER 27, 2024

Marketing specialists: Marketing specialists handle the teams branding and advertising efforts. Considering the median gross income of new Realtors is under $10,000 per year , the trade-off may be worth its weight in gold. You may even want to run it by an attorney to ensure it is a fair and legal agreement.

Real Estate 418

Real Estate Tools Agents Real Estate Agent 418

Housing Wire

APRIL 23, 2024

During CoStar’s earnings call on Tuesday, Florance insisted that consumers and advertisers prefer a real estate portal with digital twins. “We Florance expressed confidence in CoStar’s business model, particularly in light of the recent commission lawsuit settlement by the National Association of Realtors. per share in cash and $2.75

Real Estate 439

Real Estate Advertising Legal Brokerage 439

Housing Wire

MARCH 21, 2024

While the news of the National Association of Realtors’ settlement agreement in the commission lawsuits may have created panic at some brokerages , local Realtor associations and Multiple Listing Services (MLSs) said they were not only anticipating the news but were prepared for it.

Realtors 459

Realtors Agents Real Estate Logistics 459

Housing Wire

AUGUST 7, 2023

Things are continuing to heat up in Zillow Group’s legal battle with discount brokerage REX Homes , as the September 18, 2023, trial date looms ever closer. However, Zilly felt that Zillow had not demonstrated that REX is unable to satisfy the test for commercial advertising or promotion. On Friday, Judge Thomas Zilly, the U.S.

Advertising 369

Advertising Law Brokerage Sellers 369

Housing Wire

MARCH 25, 2024

Under the terms of the settlement agreements reached by both Keller Williams and the National Association of Realtors (NAR), cooperative compensation is still allowed. Cooperative compensation is still legal,” Papasan stressed. The team of executives first addressed the commissions, noting that they have always been negotiable.

Agents 468

Agents Advertising Real Estate Sellers 468

Housing Wire

NOVEMBER 16, 2023

The firm’s website advertises that it specializes in personal injury lawsuits. Several local Realtor Associations were also named, which is different than the earlier suits. It’s not good,” Mike Ruggio, a partner at Taylor English Duma LLP and an antitrust law professor at Pittsburgh Law School, said.

Law 482

Law Brokerage Advertising Real Estate 482

Housing Wire

SEPTEMBER 23, 2024

Consider this scenario: A homebuyer clicks to connect with a Realtor through Zillow. Yet, referral fees between agents remain legal and largely concealed from consumers. Inflated referral fees contribute to escalating advertising costs, making it harder for agents to connect directly with clients.

Real Estate 491

Real Estate Agents Clients Advertising 491

Housing Wire

MAY 3, 2021

REX replied to the legal filing in a company statement Monday. Rather than adapting to Zillow’s changes, REX has fabricated a massive industry-wide conspiracy, claiming that Zillow has ‘locked arms’ with NAR to inflate broker agent commissions,” reads the opposition paper, filed in Washington federal court in Seattle.

Brokerage 397

Brokerage Agents Advertising Legal 397

Housing Wire

JUNE 17, 2024

Realtor.com is extending the reach of its buyer representation advertising campaign, according to an announcement on Monday.

Real Estate 468

Real Estate Buyers Advertising Agents 468

Housing Wire

NOVEMBER 1, 2023

While the industry has yet to find out what Judge Stephen Bough’s injunction will say and the three defendants, the National Association of Realtors , Keller Williams and HomeServices of America , have vowed to appeal the decision, Barton believes his firm will thrive regardless the outcome.

Real Estate 482

Real Estate Advertising Agents Legal 482

Housing Wire

SEPTEMBER 6, 2024

Real estate agents largely felt prepared to tackle the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , according to the recently published Stephens Summer 2024 Real Estate Agent Survey.

Agents 448

Agents Real Estate Agent Brokerage Realty 448

Housing Wire

SEPTEMBER 17, 2024

For agents in New Hampshire , this week marks two months since PrimeMLS , the state’s multiple listing service , implemented the business practice changes outlined in the National Association of Realtors’ nationwide commission lawsuit settlement agreement. So, for now, I would caution patience.”

Agents 448

Agents Sellers Buyers Realtors 448

Housing Wire

DECEMBER 2, 2024

In a new episode of the “ Real Estate Insiders Unfiltered Podcast ,” hosts James Dwiggins and Keith Robinson speak with Collabra Technology CEO Russ Cofano to dive into cooperative compensation and the National Association of Realtors ‘ (NAR) Clear Cooperation Policy (CCP), among other subjects.

Real Estate 360

Real Estate Brokerage Advertising Agents 360

Housing Wire

OCTOBER 25, 2023

As Ketchmark began his questioning, he tried to show that the structure of HomeServices as the parent company of so many affiliates and franchises had the effect of enforcing the National Association of Realtors’ commission and Clear Cooperation policies. “Maybe the local company or the MLS does, but we don’t,” Blefari testified.

Sellers 448

Sellers Realtors Agents Buyers 448

Housing Wire

OCTOBER 8, 2024

The Department of Justice could be ready to square off again with the National Association of Realtors — this time over an optional rule to prevent commingling of MLS and non-MLS listings. REX alleged that Zillow was engaging in false advertising by doing this. Section 18.3.11

Real Estate 475

Real Estate Brokerage Realtors Legal 475

Housing Wire

AUGUST 21, 2024

While there have not been any “ horror stories ” in the first few days since business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement were implemented, that doesn’t mean it has been completely smooth sailing for real estate professionals.

Sellers 482

Sellers Agents Real Estate Buyers 482

Housing Wire

DECEMBER 21, 2020

Blosser has been leading the association’s data privacy efforts since 2017, and led the association’s role in creating model legislation such as the Remote Online Notarization Act , which was drawn up in collaboration with the Mortgage Bankers Association and the National Association of Realtors.

Insurance 352

Insurance Government Advertising Legal 352

Housing Wire

MARCH 15, 2024

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them.

Agents 476

Agents Brokerage Advertising Real Estate 476

Housing Wire

SEPTEMBER 26, 2024

In the six months since news of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement broke, agent attitudes toward the settlement’s required business practice changes have only slightly improved. This is according to a study published earlier this week by real estate technology firm Clever Real Estate.

Real Estate Agent 488

Real Estate Agent Real Estate Agents Buyers 488

Housing Wire

JULY 1, 2024

If MLS PIN operates in states without rebate bans, their policy of transmitting ’blanket’ offers is not, by itself, harmful to buyers,” Shkipin wrote.

Buyers 431

Buyers Law Sellers Advertising 431

Housing Wire

NOVEMBER 17, 2021

Back in 2017, RealTrends partnered with the California Association of Realtors to study real estate teams. The top benefits mentioned were legal and regulatory support, the brokerage’s brand name and low costs and fees. However, teams spent 18% of gross margin on advertising and marketing; while brokerages spent about 2.4%.

Real Estate 397

Real Estate Brokerage Agents Advertising 397

Housing Wire

MARCH 3, 2025

District Courts summary judgment ruling that the National Association of Realtors (NAR) and Zillow did not commit antitrust violations in the lawsuit filed against them by REX Real Estate. The Ninth Circuit Court of Appeals on Monday affirmed a U.S. At a trial in September 2023, the court ruled in favor of Zillow on the remaining charges.

Advertising 299

Advertising Real Estate Brokerage Design 299

Housing Wire

AUGUST 4, 2023

Some old-school realtors need help to adapt to marketing methods beyond paper advertising or direct mail. Realtors who are not comfortable with the latest technology in real estate will not be as successful in the years to come. Skillful marketing is also about understanding who’s buying and selling. Don’t let that be you.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

AUGUST 19, 2024

17, 2024 , has come and gone, and the real estate industry is still plugging along, despite the business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement now being implemented nationwide. The landmark date of Aug.

Agents 476

Agents Sellers Realty Buyers 476

Housing Wire

MARCH 28, 2024

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. It doesn’t lend itself to a 24-hour cycle. Yet more can be done to ease that 45-day average.

HOA 488

HOA Property Management Real Estate Agent Technology 488

Housing Wire

APRIL 3, 2024

CoStar has not been quiet about its goal to surpass Zillow, even running a series of advertisements during this year‘s Super Bowl to boost brand awareness. Many in the industry believe the National Association of Realtors ‘ proposed $418 million settlement of the commission lawsuits will help CoStar to reach its goal.

Real Estate 481

Real Estate Agents Buyers Business 481

Housing Wire

NOVEMBER 22, 2023

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. It doesn’t lend itself to a 24-hour cycle. Yet more can be done to ease that 45-day average.

HOA 459

HOA Real Estate Agent Technology Real Estate 459

Housing Wire

DECEMBER 20, 2023

Not the corporate advertisement or online group that says you’re getting this lead from us and here’s documentation that it occurred and now you’re going to get less comp. It’s the ultimate in legalized fraud. Because it’s not true.” So the individual CEO is making all the money.

Loan Officers 482

Loan Officers Clients Law Legal 482

Lamacchia Realty

OCTOBER 29, 2024

Maribeth has long been one of the top REALTORS® in Shrewsbury so entering the market with her is so exciting. With over three decades of experience in the field, she is one of the region’s top-producing REALTORS® and is deeply entrenched in the communities she serves. I am happy that day is finally here.

Real Estate 74

Real Estate Realty Realtors Brokerage 74

Housing Wire

AUGUST 1, 2024

As brokerage firms fine tune how to handle the business practice changes outlined in the terms of the National Association of Realtors’ nationwide commission lawsuit settlement agreement , which are set to go into effect on August 17 , many are focusing on how their agents will handle compensation on both the buy-side and the sell-side.

Sellers 448

Sellers Buyers Agents Law 448

Birmingham Appraisal

FEBRUARY 11, 2025

Incorrect classifications: A space that doesnt meet legal requirements for a finished living area (e.g., If they later discover discrepancies, it can lead to: Distrust in the transaction: Buyers may feel misled if the home is smaller than advertised. Different Measurement Standards Not all measurement standards are the same.

Appraisal 68

Appraisal Real Estate Agent Real Estate Agents 68