Courts this week: Motions filed in Gibson, Homie; eXp update
Defendants seek dismissals in the Missouri case; leading Utah MLS dropped from lawsuit involving flat-fee brokerage; eXp files settlement.
October 11, 2024
Real Estate News: The latest news for agents and other pros.
- Tech Bytes: AI powers new tools from Zillow, CubiCasa, CoreLogicZillow acquires virtual staging app; CubiCasa now turning floor plans into virtual tours; new CoreLogic platform integrates data; Propy and Inspectify team up.October 11, 2024
- Local association pauses Clear Cooperation — will others follow?A decision by Park City Realtors could signal a shift in local associations’ willingness to abide by NAR policies, and comes as the CCP debate intensifies.October 11, 2024
- What is the value of MLSs and associations post-settlement?A recent survey found that many agents are not satisfied with local association services and find MLSs less relevant in light of new industry rules.October 11, 2024
- Higher rates, lower inflation: Mixed news creates uncertaintyBuyers are left wondering if they should wait for rates to fall again, as some economists expect, or act now “and worry about rates secondly.”October 10, 2024
- NAR appeals to Supreme Court in DOJ battleThe trade organization filed an official request with the high court today, asking for a review of an antitrust case that was ostensibly closed in 2021.October 10, 2024
- How buyers have (and haven’t) changed in recent yearsZillow’s latest trends report finds that, despite turbulence in the market, consumer traits and preferences are fairly stable — with some key exceptions.October 9, 2024
Featured Content
- Sponsored ContentZillow: Insights, trends and best practicesSee the latest product and company news, plus tips for agents and brokers.
- The recipe for fixing Clear Cooperation — and avoiding chaosIn the second of a 2-part series, NextHome CEO James Dwiggins warns of a greed-driven future if the CCP is eliminated, and shares a proposal for revising it.October 9, 2024
- Sponsored ContentRealtor.com PRO: Exclusive news, insights, and adviceDiscover the newest updates on our products and company, along with expert tips tailored for agents, team leads, and brokers.
Commissions in jeopardy
Following the Sitzer/Burnett verdict, lawsuits challenging long-standing commissions practices have cropped up across the country — some local, some national in scope.
Learn more
More News
- Zillow stands firm on opposition to private listing networksPresident Susan Daimler reiterated the company's support for the Clear Cooperation Policy, and called private networks "terrible" for consumers and agents.October 9, 2024
- MLS Milestones: Data shares in Texas, plus a new buyer agreement toolThree major Texas MLSs — Unlock, HAR and SABOR — agree to share data; REcore unveils new compliance product for buyer agents; Stellar subsidiary goes global.October 8, 2024
- Howard Hanna dismissed from Pennsylvania commissions caseWest Penn MLS was also dismissed, with the judge ruling there was no evidence of a conspiracy between the parties to fix rates.October 8, 2024
- Why we have Clear Cooperation — and why we should keep itIn the first of a 2-part series, NextHome CEO James Dwiggins explains the history of NAR’s policy and warns of the legal consequences of eliminating it.October 8, 2024
- Homebuyer sentiment is up, but for how long?Consumers were considerably more upbeat about the housing market in September, but rising mortgage rates may put a damper on their enthusiasm.October 7, 2024
- eXp paying $34 million to settle commissions caseThe deal, which is not yet final, came in a Georgia case but covers similar lawsuits over agent compensation.October 7, 2024
- Tech Bytes: Agent safety platform wins; DropOffer, Rayse rolloutsTether RE takes top spot in T3 Tech Summit Pitch Battle, DropOffer launches platform for off-market deals, Rayse platform goes live in 200 brokerages.October 7, 2024
- ‘Unfiltered’: Yes, it’s hard, ‘but it’s time to move forward’Watch the conversation with industry icon Sherry Chris as she discusses leading with humility, brand-building and navigating change.October 6, 2024
- Brokerage Beat: News from Christie's, The Agency, Redfin, moreChristie's Real Estate gains KY team; The Agency adds office, launches mortgage business; BHGRE nabs Louisiana affiliate; SFAR president joins Redfin; more.October 5, 2024
- Pocket listings lawsuit now focused solely on NARIn a fourth amended complaint, Top Agent Network has doubled down on its allegations that Clear Cooperation is anticompetitive and anti-consumer choice.October 4, 2024
