For more than a decade, Fred Glick has been on a mission to shake up how Americans buy and sell homes. As founder of Arrivva — a California-based real estate and mortgage brokerage — Glick said his company’s fixed-fee model offers a transparent alternative to the traditional commission system. “People think because we’re not charging […]
Arrivva’s fixed-fee model challenges commission norms Read More »
Almost five years have passed since the original Batton homebuyer commission lawsuit was filed, and the plaintiffs are finally asking for certification of their proposed class. Filed in U.S. District Court in Illinois, the lawsuit alleges that the National Association of Realtors (NAR), Anywhere, Keller Williams and RE/MAX all took part in a “decades-long, nationwide
Estimated damages in Batton commission lawsuit come in at over $10 billion Read More »
Almost five years have passed since the original Batton homebuyer commission lawsuit was filed, and the plaintiffs are finally asking for certification of their proposed class. Filed in U.S. District Court in Illinois, the lawsuit alleges that the National Association of Realtors (NAR), Anywhere, Keller Williams and RE/MAX all took part in a “decades-long, nationwide
Estimated damages in Batton commission lawsuit come in at over $10 billion Read More »
With the NAR settlement behind us and new rules on professional fees in place, conversations with clients have shifted. MLSs no longer display offers of compensation, and most buyers are signing Buyer Agency Agreements that spell out how their real estate professional will be paid. That means savvy buyers and sellers are asking tougher questions
Elevate your value with clear communication of real estate professional fees Read More »
With the NAR settlement behind us and new rules on professional fees in place, conversations with clients have shifted. MLSs no longer display offers of compensation, and most buyers are signing Buyer Agency Agreements that spell out how their real estate professional will be paid. That means savvy buyers and sellers are asking tougher questions
Elevate your value with clear communication of real estate professional fees Read More »
The objection deadline in the final approval process for commission lawsuit settlements reached by eXp World Holdings and Weichert Realtors in the Hooper commission lawsuit brought out several familiar names for those who have closely followed the commission lawsuit saga. On Friday, the Gibson home seller commission lawsuit plaintiffs, Don Gibson, Jeremy Keel and Daniel
Gibson, Batton plaintiffs object to final approval of eXp, Weichert settlements Read More »
Zillow’s legal workload became even heavier on Friday when homebuyer Alucard Taylor filed a class action lawsuit against the real estate behemoth over its Premier Agent and Flex programs. The lawsuit, which was filed in U.S. District Court in Seattle, alleges both the Washington Consumer Protection Act and the Real Estate Settlement Procedures Act (RESPA)
Legal experts say RESPA suit against Zillow is ‘going nowhere fast’ Read More »
Zillow is facing yet another lawsuit. Filed on Friday in U.S. District Court in Seattle, the lawsuit alleges that the portal tricks consumers into using agents affiliated with Zillow through its Flex and Premier Agent programs, resulting in inflated home purchase prices. The suit was filed by Alucard Taylor, who purchased a home in Portland, Oregon,
Zillow faces class-action suit over Premier Agent, Flex commissions Read More »
Subscribers to the New England-based MLS Property Information Network (MLS PIN) are gearing up for some business practice changes, which are set to go into effect on Tuesday. The changes are the results of MLS PIN’s long-awaited settlement agreement in the Nosalek commission lawsuit. The MLS defendant’s fourth amended settlement agreement was granted preliminary approval
MLS PIN settlement business practice changes go into effect Tuesday Read More »
Many in the real estate industry lauded President Donald Trump’s victory in the 2024 presidential election as they anticipated his win would usher in a new wave of weaker antitrust scrutiny on an industry that had spent the past four years battling its fair share of antitrust suits. However, these hopes and dreams were put
Is the real estate industry getting its antitrust enforcement wish? Read More »