Housing Wire

MARCH 19, 2025

In a footnote on the seventh page of the filing, the DOJ decided to offer some clarity on its current feelings about the National Association of Realtors (NAR) Clear Cooperation Policy (CCP). He added that anyone who is involved in upholding CCP will be subject to legal exposure.

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Realtors Legal Sellers Law 243

Housing Wire

MAY 3, 2024

The real estate giant was prompted to do this by the terms of National Association of Realtors’ (NAR) commission lawsuit settlement agreement which requires agents to have a written agreement with a client in order to work with them as a buyer broker. This agreement must be signed prior to an agent taking a buyer to tour a home.

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Legal Realtors Law Real Estate 379

Housing Wire

OCTOBER 28, 2024

After previously taking issue with some of the forms generated as a result of the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement , University of Buffalo law professor Tanya Monestier is now objecting to NAR’s settlement. She expanded on this in her legal objection. “If

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Business Sellers Realtors Buyers 468

Housing Wire

NOVEMBER 8, 2023

Though these policies have been put in place to avoid future antitrust lawsuits, legal experts who spoke to HousingWire said they might not be enough. The National Association of Realtors also began allowing this under its Clear Cooperation policy in early October 2023.) Let’s break down the changes and the implications.

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Legal Law Sellers Real Estate 468

Housing Wire

JANUARY 27, 2025

The National Association of Realtors (NAR) and News Corp., along with several of its subsidiaries such as Move , Realtors Information Network and OpCity , are looking to have the Bandy fraud suit dismissed. and Realtors Information Network, Inc., Filed in U.S. the filing states. The three motions are set for a hearing on Feb.

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Realtors Legal Law Real Estate 376

Housing Wire

DECEMBER 18, 2024

After pushing back against an antitrust lawsuit filed against it in Michigan , the National Association of Realtors (NAR) has shifted its focus to a similar suit filed against the trade group in Pennsylvania.

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Realtors Contracts Law Realty 397

Housing Wire

JULY 12, 2024

The California Association of Realtors (CAR) evidently wants no part of the Department of Justice. The DOJ expressed concerns about possible loopholes the forms might contain, which could allow agents to skirt new rules implemented as part of the National Association of Realtors’ (NAR) antitrust settlement.

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Realtors Legal Agents Law 476

Housing Wire

DECEMBER 20, 2024

Real estate professionals and even some local Realtor associations have begun pushing back against the National Association of Realtors (NAR) three-way membership. Phoenix Realtors (PAR) is one such association exploring alternative membership structures, but NAR is not having it.

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Realtors Real Estate Legal Law 397

Housing Wire

MARCH 6, 2025

Canadian law enforcement executed search warrants at several call centers last June, allegedly catching the perpetrators in the act as they were making calls to victims in Virginia. The total estimated monetary value of the scams allegedly bilked the victims out of as much as $21 million, according to the attorneys office.

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Law Real Estate Realtors Development 394

Housing Wire

NOVEMBER 1, 2024

PRO TIP You may see the terms “real estate agent” and “Realtor” used interchangeably. While a Realtor is indeed an agent, the term doesn’t work both ways. To be a Realtor, an agent must be a member of the National Association of Realtors® (NAR). citizen or legal resident and be 18 years of age or older.

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Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

OCTOBER 23, 2023

Just prior to the plaintiffs resting their case late Monday afternoon, HomeServices of America , one of the three remaining defendants in the commission lawsuit , filed a motion for judgment as a matter of law. In addition, the contract stipulated that agents must join their local Realtor association.

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Law Agents Realtors Contracts 459

Housing Wire

JUNE 25, 2024

A report released Tuesday by the Consumer Federation of America (CFA) found that the California Association of Realtors’ (CAR) buyer representation and broker compensation agreement is “virtually unreadable.” Additionally, the CFA stated that California Realtors have obtained a copy of the analysis.

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Realtors Buyers Contracts Realty 418

Housing Wire

DECEMBER 4, 2024

Bough’s ruling that granted final approval to the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement is facing yet another appeal. Bough also denied University of Buffalo law professor Tanya Monestier ’s motion to intervene. Judge Stephen R.

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Legal Law Design Realtors 367

Housing Wire

JANUARY 26, 2024

“I was sitting on my couch and I saw Michael on CNBC calling us a cartel, saying that we take money that doesn’t belong to us, and I was infuriated at that rhetoric and I was infuriated at what that infers about Realtors,” Lamacchia said. “It It dehumanizes Realtors and turns us into money-making machines.”

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Realtors Law Agents Real Estate 468

Housing Wire

SEPTEMBER 18, 2024

The privately owned multiple listing service has taken a laissez faire approach since its launch in 2009, as it promises no fees and fewer rules than MLSs owned by Realtor associations. You have to follow the law, but if it’s legal, you can do it,” Pfaff said. “We We will always comply with the law.”

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Legal Realtors Agents Brokerage 482

Housing Wire

OCTOBER 26, 2023

She said that HomeServices does not meddle in operations, give advice, or advise on commissions or how the brokerage approaches Realtor association membership. Frazier also told the jury that ReeceNichols does not require agents to be members of the National Association of Realtors , but the local MLS does.

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Law Agents Brokerage Buyers 435

Housing Wire

MARCH 31, 2025

Plaintiffs in a high-profile commission lawsuit have been denied a motion to intervene in eXp World Holdings’ and Weichert Realtors settlement in a separate case. Cohen rejected the motion to intervene in the Hooper case. eXp and Weichert maintain that their settlements in the Hooper case is in line with those in the Gibson suit.

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Brokerage Real Estate Realtors Law 343

Housing Wire

FEBRUARY 20, 2025

Some real estate brokers have found their path blocked as they try to navigate the membership agreements mandated by NAR and their local Realtor associations to gain access to MLS listings. NARs three-way membership agreement requires Realtors to join associations at the local, state and national levels.

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Realtors Real Estate Realty Agents 300

Housing Wire

FEBRUARY 14, 2025

When the Department of Justice (DOJ) came out in opposition of buyer representation agreements as they are defined in the National Association of Realtors (NAR) commission lawsuit settlement agreement, Alabama Association of Realtors took notice. Despite the DOJs filing, Judge Stephen R.

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Realtors Law Buyers Contracts 221

Housing Wire

JANUARY 10, 2024

Like the corporate brokerage defendants in the Sitzer/Burnett commission lawsuit , the National Association of Realtors also filed post-trial motions. The trade group joined defendants HomeServices of America and Keller Williams in filing motions for judgement as a matter of law and a new trial.

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Legal Law Realtors Brokerage 447

Housing Wire

JANUARY 30, 2025

In its filing, BHE a subsidiary of Warren Buffetts Berkshire Hathaway denied any liability and the plaintiffs’ allegations that it violated federal antitrust laws. Hanna Holdings and Crye-Leike also claimed that the National Association of Realtors (NAR) commission lawsuit settlement agreement bars the plaintiffs’ claims.

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Real Estate Real Estate Agent Brokerage Law 322

Housing Wire

APRIL 16, 2024

The second Batton suit was filed in November 2023, just days after the jury verdict in the Sitzer/Burnett suit was announced, and the defendants include Compass , eXp World Holdings , Redfin , Weichert Realtors, United Real Estate , Howard Hanna and Douglas Elliman.

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Real Estate Realtors Law Legal 448

Housing Wire

JANUARY 21, 2025

The National Association of Realtors (NAR) commission lawsuit settlement agreement as well as settlements reached by RE/MAX, Keller Williams, Anywhere , Compass, Redfin, At World Properties and many others may have received final approval , but the first commission lawsuit settlement to be reached has not been so fortunate.

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Sellers Buyers Realtors Law 370

Housing Wire

FEBRUARY 21, 2024

HomeServices of America can preserve some of its legal war chest — for now, at least. District Court for the Northern District of Illinois dismissed a claim made by the plaintiffs under a federal antitrust law. District Court for the Northern District of Illinois dismissed a claim made by the plaintiffs under a federal antitrust law.

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Realtors Brokerage Real Estate Law 435

Housing Wire

APRIL 11, 2024

Many real estate executives and analysts believe that the Department of Justice , now with the green light to reopen its investigation into the National Association of Realtors , will shake up the civil commission lawsuit settlement agreement. But legal experts are not as certain.

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Real Estate Law Realtors Legal 497

Cleveland Appraisal Blog

APRIL 26, 2023

If you decide to use a realtor it can make the experience much smoother, much easier and ultimately far better for you as a buyer. Join us in this article as we discuss the many different benefits of a Ventura Realtor when buying land in 2023 and why you should consider this as an option before you take the long road all by yourself.

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Realtors Buyers Real Estate Agent Appraisal 276

Housing Wire

SEPTEMBER 28, 2023

After nearly 10 days of trial proceedings, Zillow is ready for its years-long legal battle with REX Real Estate to be over. On Wednesday, just nine days after the long-awaited trial’s September 18 start date, the real estate behemoth file a motion for judgment as a matter of law in the U.S. District Court in Seattle hearing the trial.

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Advertising Legal Law Real Estate 435

Housing Wire

JANUARY 18, 2024

The complaint names 35 entities as defendants, including the National Association of Realtors , local and national brokerages, MLSs and local Realtor associations. For his part, David Kissinger, the CEO of Glendale Realtors, stated that the suit is “meritless.”

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Realtors Brokerage Real Estate Realty 533

Housing Wire

JULY 3, 2024

District Court in Philadelphia on behalf of Davis by attorneys at Korein Tillery LLC , the same law firm representing the plaintiffs in the Batton suits. The suit is seeking class-action status for a nationwide class defined as persons who purchased residential real estate that was listed on a Realtor-affiliated MLS between Dec.

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Law Real Estate Realtors Buyers 426

Housing Wire

AUGUST 8, 2024

The suit, which is named after its plaintiff Scott Davis, was filed in late May in the Eastern District of Pennsylvania on behalf of Davis by attorneys at Korein Tillery LLC , the same law firm representing the plaintiffs in the Batton suits. All other state law claims must therefore be dismissed.” Illinois, 431 U.S.

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Law Real Estate Realtors Buyers 446

Housing Wire

NOVEMBER 9, 2023

The heightened consumer protection focus from government agencies, combined with the Department of Justice’s ongoing legal feud with the National Association of Realtors and its recent involvement in the Nosalek commission lawsuit , has many in the industry expecting that the DOJ will get involved in the Sitzer/Burnett suit, and potentially others.

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Legal Real Estate Real Estate Agent Law 459

Housing Wire

MARCH 31, 2023

Governor Maura Healey on Wednesday signed legislation legalizing remote online notarizations ( RON ) to all notaries in the commonwealth. With Healey’s signature, Massachusetts is now the 43rd state to legalize digital real estate closings, which started with Virginia in 2012. The law goes into effect on January 1, 2024.

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Law Real Estate Legal Technology 397

Housing Wire

AUGUST 12, 2024

There are just five days to go until the business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement , but the trade association is not out of the lawsuit woods just yet. In a lawsuit filed on Monday by Douglas Hardy, Glenn Champion and Dylan Tent in U.S.

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Real Estate Realtors Agents Real Estate Agent 501

Housing Wire

JULY 2, 2024

While many had hoped the Department of Justice’s interest in the real estate industry would wane with the business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement , that is clearly not the case. The analysis was done by Tanya Monestier, a law professor at the University of Buffalo.

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Legal Real Estate Realtors Sellers 468

Housing Wire

OCTOBER 23, 2023

The first week of the much-anticipated Sitzer/Burn e tt class action buyer broker commission antitrust lawsuit concluded with the testimony of economic and legal experts. Roger Alford, a law professor from Notre Dame, was also called to testify on Friday.

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Housing Wire

JANUARY 31, 2025

Just a few years later, I was breaking sales records, and at age 27, I was on the cover of Realtor Magazines 30 Under 30. Colorado requires new Realtors to pass both a national and state real estate exam. It protects you from potential legal claims that a mistake on your part caused someone financial harm.

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Real Estate Brokerage Insurance Legal 338

Housing Wire

JANUARY 2, 2024

The complaint argues that the NAR and the brokerage defendants collude “to impose, implement and enforce anticompetitive restraints that cause home sellers to pay inflated commissions on the sale of their homes, in violation of federal antitrust law.” The National Association of Realtors will respond to this complaint in court.”

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Sellers Brokerage Real Estate Realtors 448