Housing Wire

OCTOBER 15, 2024

(Image generated by AI in Midjourney) It has been nearly two months since the nationwide implementation of the business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement. Brokers and industry leaders say things are still a little chaotic, but they aren’t nearly as bad as some feared.

Real Estate 448

Real Estate Brokerage Sellers Agents 448

Housing Wire

MARCH 8, 2025

When the National Association of Realtors (NAR) first started its Profile of Home Buyers and Sellers in 1981, it found that single women were the second largest demographic in the U.S. That was only seven years after women were legally allowed to obtain a mortgage without a cosigner. housing market , trailing only married couples.

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Buyers Legal Realtors Realty 342

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

APRIL 24, 2024

Realty ONE Group International has joined six other real estate brokerages in settling the commission lawsuits. The settlement, which is still subject to court approval, will settle all claims against Realty ONE Group, its franchises and affiliated agents. “Our The agreement was granted preliminary approval by the court on Tuesday.

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Realty Real Estate Brokerage Realtors 475

Housing Wire

DECEMBER 4, 2024

The National Association of Realtors (NAR) may have had its home seller commission lawsuit settlement agreement approved , but that does not mean it is free from the homebuyer commission lawsuits. Last week, as Judge Stephen R.

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Real Estate Agent Realtors Real Estate Realty 393

Housing Wire

JANUARY 22, 2025

Brokerage leader eXp Realty isn’t slowing down its expansion in 2025. The company announced on Wednesday the addition of brokerage leader Abel Gilbert and ONEPATH Realty to its growing global network. ONEPATH Realty may be an independent brokerage , but it’s no stranger to posting big numbers.

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Realty Brokerage Tools Agents 370

Housing Wire

FEBRUARY 7, 2025

Bough to stay the case against it until all appeals of the National Association of Realtors (NAR) settlement have been exhausted. Crye-Leike of Arkansas , Crye-Leike of Mississippi , Crye-Leike of Nashville , Crye-Leike South and Adaro Realty. The Crye-Leike umbrella encompasses six companies: Crye-Leike Inc.,

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Human Resources Brokerage Real Estate Legal 368

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

OCTOBER 15, 2024

It named UtahRealEstate.com , the National Association of Realtors (NAR), Anywhere Real Estate , Keller Williams Realty , HomeServices of America and RE/MAX as defendants. But the MLS defendant was dismissed without prejudice, which means Homie could refile its suit against UtahRealEstate.com. Homie filed the suit in mid-August.

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Brokerage Sellers Realty Realtors 433

Housing Wire

AUGUST 22, 2024

District Court for the Central District of Utah, include the usual cast of antitrust lawsuit characters: the National Association of Realtors (NAR), Anywhere Real Estate , Keller Williams Realty , HomeServices of America , and RE/MAX.

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Realtors Buyers Real Estate Brokerage 482

Housing Wire

MARCH 26, 2025

Despite the headlines , Phillip Cantrell, the founder of Benchmark Realty, characterized the move as a nothing burger. Utah-based Park City Board of Realtors most notably made this decision last October , when it announced that it would no longer be enforcing the rule. It is just classic NAR propaganda.

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Sellers Real Estate Agents Brokerage 360

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 245

Housing Wire

JULY 16, 2024

The company said in a statement that the settlement was the “best course of action as it will save United Real Estate significant legal fees and allow the company to move forward.” The National Association of Realtors has also reached a nationwide settlement of the commission suits.

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Real Estate Legal Fees Legal Brokerage 448

Housing Wire

JANUARY 26, 2024

Sparks and personal insults flew between Anthony Lamacchia , the broker-owner of Lamacchia Realty , and Michael Ketchmark, the lead attorney for the plaintiffs in the Sitzer-Burnett commission lawsuit , during their virtual debate hosted by HousingWire on Friday afternoon. It dehumanizes Realtors and turns us into money-making machines.”

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Realtors Law Agents Real Estate 468

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.” Westside MLS.

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Realtors Brokerage Real Estate Realty 533

Housing Wire

SEPTEMBER 18, 2024

Fathom Holdings , the parent company of Fathom Realty , has joined the list of corporate brokerages to settle the commission lawsuits. HomeSmart , Redfin , United Real Estate , Douglas Elliman , Realty One Group , At World Properties, Anywhere , RE/MAX , Keller Williams , Compass , HomeServices of America and The Real Brokerage.

Brokerage 447

Brokerage Legal Fees Realty Legal 447

Housing Wire

JANUARY 9, 2024

Like the other commission lawsuits, the Masiello suit takes aim at the National Association of Realtors’ Participation Rule, which requires listing brokers to make a blanket offer of compensation to the buyer’s broker in order to list a property on a Realtor-affiliated MLS.

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Realty Realtors Real Estate Real Estate Agent 488

Housing Wire

DECEMBER 15, 2023

The suit also names a handful of local multiple listing services (MLSs), including Austin/Central Texas Realty Information Service, Central Texas Multiple Listing Service, Housing Realtors Information Service, and North Texas Real Estate Information Systems.

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Real Estate Realtors Realty Real Estate Agent 493

Housing Wire

JANUARY 26, 2024

When the copycat commission suit was initially filed in early January by Nevada home seller Nathaniel Whaley, the complaint named just Realtor associations and MLSs as defendants, making it stand out from the spate of other commission suits.

Brokerage 459

Brokerage Realty Realtors Sellers 459

Housing Wire

DECEMBER 6, 2023

Similar to the other commission lawsuits, the latest two take aim at the National Association of Realtors’ Participation Rule, which requires the listing broker to make a blanket offer of compensation to the buyer’s broker to list the property on the MLS. Both lawsuits are seeking class-action status. 4, 2019 and the present.

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Realty Realtors Brokerage Real Estate 459

Housing Wire

FEBRUARY 6, 2024

Like the other commission lawsuits , the Masiello suit takes aim at the National Association of Realtors’ Participation Rule, which requires listing brokers to make a blanket offer of compensation to the buyer’s broker in order to list a property on a Realtor-affiliated MLS.

Realty 435

Realty Realtors Real Estate Brokerage 435

Housing Wire

FEBRUARY 16, 2024

The complaint claims that the National Association of Realtors is the creator of this alleged conspiracy through its creation and enforcement of its Participation Rule. 16, 2020, and the present.

Real Estate 468

Real Estate Realtors Realty Brokerage 468

Housing Wire

MARCH 7, 2024

In the initial complaint , Whaley only named Realtor associations and MLSs as defendants. These organizations included the National Association of Realtors , Las Vegas Realtors , Nevada Realtors , Sierra Nevada Realty , Incline Village Realtors , Elko County Realtors , Mesquite Real Estate Association and Northern Nevada Regional MLS.

Realty 448

Realty Real Estate Realtors Brokerage 448

Housing Wire

OCTOBER 7, 2024

The top brokerage in the country by transaction side count, eXp Realty , has settled the commission lawsuits. The parent company of eXp Realty, eXp World Holdings , announced the settlement on Monday in a filing with the Securities and Exchange Commission (SEC).

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Realty Brokerage Real Estate Agent Real Estate 459

Housing Wire

AUGUST 28, 2024

While some in the real estate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , others have taken it a step further and are betting their companies on it. Meet the AI real estate agent.

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Real Estate Agent Real Estate Agents Modernization 468

Housing Wire

JANUARY 16, 2024

In an amended complaint filed on Friday, the plaintiffs’ counsel named Vanguard Properties , Twin Oaks Real Estate , Windermere Real Estate Services Company , Rapisdara & Fox and Realty One Group , as additional defendants in the antitrust suit.

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Brokerage Realtors Realty Real Estate 473

Housing Wire

DECEMBER 8, 2023

AF Realty Group is the smallest of the new defendants with just 15 agents, according to the complaint. In addition to all of the local firms named, the amended complaint also added Anywhere brand, ERA Franchise System to the defendants list, as well as Weichert of North America , eXp Realty and Redfin.

Brokerage 459

Brokerage Realty Real Estate Agent Real Estate 459

Housing Wire

MARCH 8, 2024

Thanks to Lisa Chinatti, the broker-owner at Chinatti Realty Group , he was not completely caught off guard. She talks with a lot of people, and she announced to our company that this was coming and went through what exactly we should expect,” said Posnick, the sales manager at Chinatti Realty Group. Lisa is super on the pulse.

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Agents Legal Realtors Clients 459

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

OCTOBER 7, 2024

And some major brokerages have had loose conversations about taking legal action or joining a competing MLS. “It But with REcolorado’s sale to Burks, the MLS is no longer owned by a Realtor association and thus isn’t subject to NAR rules. But the drama around the situation could be just beginning.

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Brokerage Real Estate Realtors Agents 476

Housing Wire

JANUARY 2, 2024

The National Association of Realtors will respond to this complaint in court.” We will continue to seek to protect those we represent and defend our position in the appropriate legal forums, including with this new case which is duplicative of the others previously filed,” the statement concluded.

Sellers 448

Sellers Brokerage Real Estate Realtors 448

Housing Wire

NOVEMBER 1, 2023

With Bough’s injunction not yet known and the National Association of Realtors , Keller Williams and HomeServices of America all vowing to appeal the jury’s verdict, it’s uncertain exactly when changes will go into effect. “As Lisa Chinatti, the broker-owner of Chinatti Realty , doesn’t share Lamacchia’s optimism.

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Open Houses Brokerage Agents Realtors 497

Housing Wire

JANUARY 29, 2024

In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff.

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Brokerage Realty Real Estate Real Estate Agent 430

Housing Wire

JANUARY 30, 2025

On Monday, several high profile real estate firms such as Berkshire Hathaway Energy (BHE) the parent company of HomeServices of America Windermere Real Estate , Hanna Holdings , EXIT Realty , William Raveis , Crye-Leike and William L. Lyon & Associates each filed responses to claims made in the Gibson commission lawsuit.

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Real Estate Real Estate Agent Brokerage Law 271

Housing Wire

OCTOBER 17, 2024

On Wednesday, Higher Tech Realty , dba Mark Spain Real Estate , filed a notice informing the U.S. The list of brokerages that have settled the commission lawsuits is getting longer. District Court in Atlanta that it had reached a nationwide settlement of the commission lawsuits with the plaintiffs in the Phillips suit.

Real Estate 448

Real Estate Realty Real Estate Agent Brokerage 448

Housing Wire

AUGUST 6, 2024

At the start of 2024, CEO Leo Pareja did not think eXp Realty would find itself in the real estate forms business, but eight months into this year, things look a little different. So, for example, in California, the form we baked is very much a reflection of the California Association of Realtors’ guidance.”

Brokerage 448

Brokerage Realtors Agents Real Estate 448

Housing Wire

JANUARY 16, 2024

The complaint names the National Association of Realtors , Las Vegas Realtors , Nevada Realtors , Sierra Nevada Realty , Incline Village Realtors , Elko County Realtors , Mesquite Real Estate Association and Northern Nevada Regional MLS as defendants.

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Realtors Real Estate Real Estate Agent Sellers 476