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Amid legal uncertainty, MLSs explore cooperative compensation workarounds

Housing Wire

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.

Legal 468
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NAR settlement faces another legal appeal

Housing Wire

Bough’s ruling that granted final approval to the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement is facing yet another appeal. Judge Stephen R. On Tuesday, Robert Friedman filed an appeal of Bough’s ruling with the Eighth Circuit Court of Appeals.

Legal 364
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Game of chicken: Private MLSs stare down DOJ over settlement terms

Housing Wire

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.”

Legal 482
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Sitzer plaintiffs expected to rest their case today

Housing Wire

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. Schulman had previously testified on Thursday and was questioned by Michael Ketchmark, the lead attorney for the plaintiffs.

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NAR board votes to leave dues unchanged in 2025

Housing Wire

The National Association of Realtors’ (NAR) board of directors voted to leave member dues unchanged in 2025. The vote occurred Thursday during the final day of NAR’s midyear conference, the Realtors Legislative Meetings, according to Inman , which first reported the story. represent themselves 2. represent themselves 2.

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Velocity Conference Presents Solutions for an Evolving Market

Appraisal Buzz

Originally part of the Legal League Default Servicer Certification Level 2, the Understanding Title Issues course will be offered separately since the content is helpful for professionals who may not be eligible for the full certification. Many have the team, processes, and market knowledge on rehab on REO listings to achieve maximum ROI.

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NAR asks for new trial in latest Sitzer/Burnett commission suit filings

Housing Wire

Like the corporate brokerage defendants in the Sitzer/Burnett commission lawsuit , the National Association of Realtors also filed post-trial motions. In addition, NAR said that the plaintiffs failed to “present the jury with evidence that NAR conspired with another Defendant to enforce the [Participation Rule].”

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