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 ...
The National Association of Realtors’ (NAR) commission lawsuit settlement agreement may have received final approval, but it looks like NAR’s commission lawsuit woes are not over. On Tuesday ...
Under the terms, NAR agreed to pay $418 million and change some of its policies, including prohibiting listing brokers from offering commissions to buyer’s agents on multiple listing services ...
The U.S. Department of Justice has weighed in on the NAR deal to settle commissions lawsuits, and while it isn't taking an official position on whether it should be approved, the agency wants the ...
Agreements may limit the amount of clients brokers can attract. Last August, NAR reached a settlement in a class action lawsuit that resulted in changes to buyer-broker fees in real estate ...
A last-minute filing by the DOJ and a handful of objections failed to derail the settlements, which cap more than five years of litigation in Sitzer/Burnett. NAR's lead attorney said the association ...
The path ahead for the Realtor community took a new turn over the weekend after the Department of Justice issued a statement against NAR's proposed buyer's commissions settlement, which is scheduled ...
The NAR wrote this of Charlotte in its report: "With an impressive 10% job growth over the last five years and strong migration gains, Charlotte’s economy and housing market are poised for ...
The NAR settlement was originally announced in March, and the new rules took effect in mid-August. But just two days before a judge was set to approve the settlement terms, the Justice Department ...
A similar case was expected to go to trial this year in Illinois federal court. The settlement resolves NAR’s role in both of those suits plus two other class actions, according to attorneys ...
Following a lawsuit, the National Association of Realtors was ordered to rewrite its rules governing agents’ commissions and pay $418 million in damages. By Debra Kamin It’s official: A legal ...