BrokeragesHomeServices' $250 million settlement moves forwardPreliminary approval of the deal was granted on Aug. 8, with a final hearing set for Nov. 26. Plus, Batton 2 plaintiffs respond to motions to dismiss.Dave GallagherAugust 8, 2024
BrokeragesSettlement in the works in buy-side commissions caseA court filing indicates that Chicago-based At World Properties is nearing a deal in a lawsuit brought by an Illinois homebuyer.Dave GallagherAugust 6, 2024
IndustryBrokerage damage amounts revealed; NAR request deniedSettlement details and dates have been set for Compass, Real, Douglas Elliman, Realty One and @properties, but NAR hit a roadblock in its fight with the DOJ.Dave GallagherJuly 12, 2024
BrokeragesNew efforts to derail brokerage settlements, dismiss buy-side caseAnother group of plaintiffs has filed an appeal in the RE/MAX, KW and Anywhere settlements, while the brokerages offered new arguments for dismissing Batton.Dave GallagherJuly 1, 2024
IndustryMore commissions cases paused ahead of November hearingTwo cases involving REBNY as well as the Nosalek case are now on hold, but a Pennsylvania case will move forward — and so will MLS PIN.Dave GallagherJune 28, 2024
BrokeragesBrokerages ask court to dismiss buy-side commissions caseThe five defendants in Batton 2 — Compass, eXp, Redfin, Weichert and United — filed a joint motion, arguing that the claims are untimely and lack merit.Dave GallagherJune 25, 2024
BrokeragesEngel & Völkers settles in commissions caseThe global brokerage reached an agreement with home sellers last week, according to a court filing.Dave GallagherJune 24, 2024
MLS/AssnJudge issues stay in MLS PIN caseThe plaintiffs argued that the proceedings should move forward, but the DOJ wants to delay approval of the deal — and the judge appears to have been swayed.Dave GallagherUpdated June 25, 2024
IndustryOpt-in day is here — who’s in?Connecticut’s SmartMLS reluctantly decides to join the NAR settlement. Other MLSs and brokerages have until the end of the day to opt in.Dave GallagherUpdated June 20, 2024
IndustryDouglas Elliman dismissed from buy-side commission caseCompass, eXp, Redfin, Weichert and United Real Estate among remaining defendants in Batton 2 case; a smaller case moves closer to a settlement.Dave GallagherJune 12, 2024
IndustryHomebuyer files appeal challenging Sitzer/Burnett settlementsA plaintiff involved in the Batton cases filed a brief with the U.S. Court of Appeals on Friday related to the Anywhere, RE/MAX and KW settlements.Dave GallagherMay 31, 2024
IndustryNAR continues its battle to keep DOJ case closedAn appeals court ruled that the government could reopen its investigation. NAR says that decision involved “far-reaching and exceptionally important” errors.Dave GallagherUpdated May 21, 2024
IndustryJudge explains the ‘why’ of rulings on settlements, attorney feesIn a 40-page filing, Judge Bough lays out his reasons for rejecting arguments from the May 9 hearing, and said lawyers can collect a third of settlement funds.Dave GallagherMay 11, 2024
IndustryJudge approves commissions settlements for Anywhere, RE/MAX, KWDespite a last-minute motion to delay the hearing, the proceedings went on as scheduled, ending buyer agent commissions litigation for the three brokerages.Dave GallagherMay 9, 2024
IndustryJudge denies effort to delay commissions settlement hearingBuy-side plaintiffs who claim the Anywhere, RE/MAX and KW deals go too far will still get their chance to make that argument in court May 9.Dave GallagherMay 8, 2024
IndustryHomebuyers try to halt approval of commissions settlementsAnywhere, RE/MAX and KW deals at risk after new documents reveal a plan to include immunity from buy-side lawsuits, plaintiffs in the Batton case allege.Dave GallagherMay 8, 2024
IndustryWarren Buffett: Real estate is ‘fundamental’The Berkshire Hathaway CEO, along with Vice Chair Greg Abel, spoke about the HomeServices settlement and more during the company's annual shareholder meeting.Robert DavisMay 6, 2024
BrokeragesHomeServices faces new buy-side commissions suit in FloridaThe filing comes just days after the company settled similar cases brought by sellers. The firm maintains its practices were “lawful and procompetitive.”Cheryl Reid-SimonsMay 1, 2024
Industry5 brokerage settlements receive preliminary approvalFirms that settled in the Gibson/Umpa case in March and April will have until later this year to finalize the agreements, but more than 20 defendants remain.Dave GallagherApril 30, 2024
IndustryCommissions lawsuits FAQ: Answers to top questionsGet the facts about the major compensation lawsuits and recent settlements — and what they mean for agents, consumers and the future of NAR.Real Estate News StaffUpdated October 22, 2024