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Are the legal risks of private listing networks real?

Housing Wire

The debate surrounding the National Association of Realtors (NAR) Clear Cooperation Policy is raging on. In a recent LinkedIn post , NextHome CEO James Dwiggins noted that Off MLS or Office Exclusive listings could be at the center of future class-action litigation against brokers and agents.

Legal 348
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NAR to vote on Clear Cooperation Policy as legal threat looms

Housing Wire

The National Association of Realtors (NAR) is poised to decide the fate of its controversial Clear Cooperation Policy (CCP) in the coming weeks. And the decision comes under the shadow of a potential legal challenge. Gibson is a class-action lawsuit filed by the same attorney who handled the now-settled Sitzer-Burnett case.

Legal 350
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Is Alabama’s buyer representation bill a legal protection or liability?

Housing Wire

The Department of Justice ( DOJ ) raised some eyebrows when it hinted that buyer representation agreements, if used as mandated in the National Association of Realtors (NAR) commission lawsuit settlement, may be a source of future antitrust litigation based on its statement of interest in the Sitzer/Burnett suit. And that is positive.

Legal 365
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California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

As the recovery continues, the California Association of Realtors (CAR) said that residents should accept change instead of fighting it. The meeting focused on the implications for Black homeowners and agents. Several Black agents with personal and professional ties to heavily impacted neighborhoods in Altadena also attended.

Realtors 344
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Compass tells MLSs to change CCP or face legal exposure

Housing Wire

Compass and its CEO, Robert Reffkin, have not been shy when it comes to voicing their displeasure over the National Association of Realtors (NAR) Clear Cooperation Policy (CCP). Ketchmark also said that anyone who is involved in upholding CCP will be subject to legal exposure. NAR is expected to vote on CCP in the coming weeks.

Legal 259
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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

So, let’s start with the basics: What is a real estate broker vs. an agent? To answer that, we’ll take a deep dive into the differences between the many types of real estate professionals, including a real estate agent and a real estate broker. Summary What is a real estate agent? What does a real estate agent do?

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NAR steps up the battle against Phoenix Realtors

Housing Wire

The National Association of Realtors (NAR) has taken things a step further in its battle with Phoenix Realtors (PAR)over the local trade groups MLS Choice program. At the time, NAR told HousingWire that its actions were necessary to support and defend the Realtor trademark.

Realtors 397