New Texas commissions lawsuit names more than 40 defendants
This is the second lawsuit challenging buyer agent compensation to be filed in the state in just over a month and includes many of the same players.
December 15, 2023
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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- Rates fall below 7%, driving momentum in the marketThe seventh straight week of mortgage interest declines has led to more holiday season homebuying activity.December 14, 2023
- Home sales will bounce back in 2024, says NAR panelEconomists were optimistic about the year ahead, but noted that inflation and mortgage rates will be key factors.December 12, 2023
- Bay Area MLS, national brokerages hit with new commissions suitAnother buyer-broker commissions lawsuit, filed Dec. 8, names NAR, San Francisco-area associations, BAREIS MLS and five national brokerages.December 11, 2023
- New York’s largest MLS just got biggerOneKey MLS is acquiring Mid-Hudson MLS, bringing its membership to nearly 50,000.December 11, 2023
- The Ten: All eyes on Hanna after bold listings shift — but now what?After becoming CEO of the nation’s largest independent brokerage, Hoby Hanna limited access to some listings. Expanding that approach is the table for 2024.December 9, 2023
- Optimism about buying a home hits an all-time lowEven with mortgage rates dropping, challenges like affordability and stagnating household finances are keeping consumers wary.December 7, 2023
- Mortgage rates flirt with the 7% mark, could drop furtherIt’s the sixth straight week of declines, coinciding with signals that the economy is cooling.December 7, 2023
- Florida commissions lawsuit targets largest state associationThe Florida Association of Realtors and 16 brokerages are named in the seventh major antitrust case filed by home sellers since the Sitzer/Burnett verdict.Updated December 12, 2023
- New commissions lawsuit names Pennsylvania MLS, brokeragesWest Penn MLS and multiple brokerage companies are defendants in the latest buyer-broker commission suit filed Monday by home sellers in Western Pennsylvania.December 5, 2023
- 2024 may bring ‘season of hope’ amid lawsuits and AI shiftsMortgage rates, inventory and prices are expected to improve for homebuyers in the new year as the industry responds to commissions-focused court cases.December 5, 2023
- A guide to the real estate commissions casesTrying to keep up with all of the recent lawsuits challenging the way agents get paid? Here’s a cheat sheet.Updated October 8, 2024
- Redfin settles class action case over wagesMore than 2,700 Redfin agents are eligible for compensation from the $3 million settlement payout.December 1, 2023
- DOJ asks Court of Appeals to reopen case against NARThe DOJ wants to revisit an antitrust case originally settled in 2020, and if successful, could demand even more changes to commission practices.December 1, 2023
- Despite economic volatility, most people can still pay their mortgagesThe latest CoreLogic report shows delinquencies at record low levels, although there are some warning signs.November 30, 2023
- Falling rates and rising inventory a good combo for buyersRates edged closer to the 7% mark this week, improving affordability. Coupled with a small bump in listings, that could mean more year-end sales.November 30, 2023
- Music City hitting the right note for those looking to moveNashville, which offers a mix of relatively affordable home prices and a low cost of living, made it back onto Redfin’s latest migration destination list.November 29, 2023
- 2024 will be a better year for buyers — but how much better?Forecasts from Realtor.com and Bright MLS offer varying degrees of optimism, with a split on inventory and an eye on wild cards like inflation and the election.November 29, 2023
- Rising home prices push up Fannie Mae, Freddie Mac loan limitsThe 5.5% increase for 2024 “seems like a pretty good indication,” that the Federal Housing Finance Agency expects home prices to keep increasing.November 28, 2023
- Home prices spiral upward, worsening affordabilityA collection of reports show that high mortgage rates weren’t enough to dampen price increases as demand continues to outpace supply.November 28, 2023
