In "Sudden" Reversal, NAR Says Listing Brokers Can Offer 0%
An attorney for the Sitzer/Burnett homeseller plaintiffs calls the change a "stunning admission of guilt" on the eve of a class-action trial set to start Oct. 16.
Source: inman.com
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What If The Commission Is Only $1? NAR's Legal Team Weighs In
At the Realtors Legislative Meetings, NAR attorney Charlie Lee stressed agents can't count on a "standard" commission and will have to negotiate compensation with clients and listing brokers.
Source: inman.com
NAR Shuts Down Bid To End No-Commingling Rule, Zillow Reveals
Zillow Senior Director of Broker Operations Matt Hendricks said the portal petitioned NAR to stop allowing MLSs to ban brokers from displaying MLS listings with non-MLS listings online.
Source: inman.com
NAR Passes Proposal To Encourage MLS Data Sharing Statewide
Aiming to compete with search portals, NAR will create a toolkit with resources, best practices and case studies that MLSs can use if they choose to share listing data across states.
Source: inman.com
Judge Orders Zillow To Give REX FSBO Listing Data
Federal court in Seattle grants discount brokerage's motion to compel on the grounds that the data could show whether Zillow and NAR caused harm to REX or to competition in general.
Source: inman.com