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
BrokeragesHomeServices makes $250 million deal to settle commissions lawsuitsThe last defendant standing in the Sitzer/Burnett case reaches a whopping settlement that will protect its 70,000 agents plus brands and franchises.Dave GallagherApril 26, 2024
IndustryJudge says yes to consolidation of Missouri casesThe court approved an April 19 request filed by the Gibson and Umpa plaintiffs to merge the lawsuits, which were both under the purview of Judge Stephen Bough.Cheryl Reid-SimonsApril 24, 2024
BrokeragesRealty ONE, @properties reach settlements in commission casesThe brokerages are the first to settle following preliminary approval of the NAR agreement by a Missouri judge earlier this week.Dave GallagherApril 24, 2024
IndustryJudge grants preliminary approval of NAR settlementA hearing for final approval is scheduled for Nov. 26. The court filing also included information about who is covered in the nationwide class action.Dave GallagherApril 23, 2024
BrokeragesHome sellers make another bid for consolidation in MissouriPlaintiffs in Umpa and Gibson have asked the court to merge the two lawsuits. The antitrust cases cover similar ground and name several of the same defendants.Dave GallagherApril 22, 2024
IndustryBrokerages, MLSs not covered under NAR deal face 60-day deadlineSitzer/Burnett plaintiffs filed preliminary approval docs on Friday, triggering a countdown to opt in to the agreement process outlined by NAR and the courts.Dave GallagherApril 22, 2024
IndustryWhat’s new and what’s next, post-NAR commissions deal?The Supreme Court passes on a chance to weigh in, objections pile up, and Fannie and Freddie say it’s all right to exclude commissions from seller concessions.Dave GallagherApril 20, 2024
IndustryMajor homebuilder objects to commissions settlement processPulteGroup, which potentially has thousands of claims as a seller, raised concerns about “needless and time-consuming” paperwork and lack of transparency.Dave GallagherApril 16, 2024
BrokeragesSupreme Court to HomeServices: Sitzer/Burnett verdict standsThe brokerage lost its bid to have the verdict tossed out, leaving it with fewer options as the lone defendant in the landmark commissions case.Dave GallagherApril 15, 2024
IndustryJudges rule against merging commissions copycats — for nowThe ruling leaves open the possibility of consolidation after settlements have concluded. But in the meantime, cases that had been on pause can move forward.Dave GallagherApril 12, 2024