Nevada joins growing list of states hit with compensation lawsuits
The case originally targeted only NAR and state associations; a week and half later, 15 real estate brokerages were added to the list of defendants.
Updated January 26, 2024
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
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- More brokerages added to Bay Area commissions lawsuitFive additional firms, including Pacific Northwest powerhouse Windermere, join the growing list of defendants named in a Northern California case.January 16, 2024
- MLS leaders rising in the ranks of industry’s most powerfulAs organized real estate grapples with game-changing court cases and turmoil at the top, MLS execs are movin’ on up in the 2024 Swanepoel Power 200.January 15, 2024
- Is it time for MLSs to go their own way?The industry is at a crossroads as lawsuits threaten long-standing policies. For multiple listing services, separating from associations may be the answer.January 13, 2024
- New president focused on ‘furthering the business’ of NARKevin Sears stepped into the leadership role earlier this week, and in his first public message, shared his priorities for the association.January 11, 2024
- RE/MAX, Anywhere settlement details revealedClaim forms will be sent to eligible class members soon, but it's not clear how much money individual sellers will receive.Updated January 18, 2024
- Associations, brokerages hit with 2 new commissions lawsuitsCases filed in Arizona and Illinois target At World, Realty One, HomeSmart, Realty Executives and several local firms and Realtor associations.January 10, 2024
- Consumers are feeling more optimistic about mortgage ratesFannie Mae’s Home Purchase Sentiment Index closed out the year on a relative high note as borrowing costs fell.January 10, 2024
- NAR, HomeServices, KW ask for new trial in Sitzer/Burnett caseThe defendants seek to overturn the nearly $1.8 billion verdict, arguing in motions filed Jan. 8 that the evidence doesn’t meet the bar for antitrust damages.Updated January 18, 2024
- No New Year's fireworks as mortgage rates stabilizeInterest rates were nearly flat in the first week of 2024, ticking up slightly after nine weeks of declines.January 4, 2024
- NAR lost 26,000 members in 2023Membership fell by more than 17,000 in December, and the association posted its first annual decline in more than a decade.January 3, 2024
- What higher sales numbers could mean for the year aheadMoxiWorks predicts home sales will increase 8% year-over-year in January, which could bolster economist predictions of a rebound in 2024.January 2, 2024
- The Ten: How commissions lawsuits defined the year, and what’s nextThe Sitzer/Burnett trial put a spotlight on compensation, but it’s far from “case closed” as questions — and lawsuits — about how agents get paid multiply.December 29, 2023
- First American is back online after cyberattackThe company said its website and other systems are back up, but some functionality remains limited.Updated January 2, 2024
- NAR asks judge to halt nationwide class action lawsuitAttorneys for NAR have requested a stay in the Gibson case with a filing that seems to signal a shift in strategy.Updated January 18, 2024
- A new commissions lawsuit — and a proposal to herd copycatsLawyers in Missouri are making a case for copycat consolidation, asking that their new lawsuit be pulled together with similar suits from around the country.December 28, 2023
- Zillow suing ARMLS and Metro MLS over ShowingTime accessZillow Group alleges that the MLSs and the MLS Aligned network are participating in anticompetitive practices by limiting member access to ShowingTime.December 27, 2023
- Could an alternative to NAR be coming?The New York Times — which has put an uncomfortable spotlight on NAR this year — suggests that member dissatisfaction could give rise to other options.December 27, 2023
- The Ten: NAR determined to ‘rebuild trust’ in 2024 after a year of upheavalThe massive trade organization showed cracks in the foundation as it confronted harassment allegations from the inside and legal threats from the outside.December 23, 2023
- Cyberattack hits major title insurance firmFirst American Financial is the latest real estate service provider to be targeted by hackers, and still has no estimated time for a fix.Updated December 26, 2023
