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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Bright MLS Breaks With NAR Policy On Commissions | Inman
Starting Aug. 9, the nation's second-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, Bright said.
Source: inman.com
The Bombshell Real Estate Lawsuit Has Just Exploded | Inman
With the stakes higher than ever in Moerhl, the real estate industry is facing significant upheaval in terms of how listing and selling agents are compensated.
Source: inman.com
Colorado MLS First To Rescind Controversial Listing Display Rule
After nearly two decades, REcolorado has eliminated NAR's optional no-commingling rule, which is the subject of an antitrust lawsuit.
Source: inman.com
Why The Two "Bombshell Lawsuits" Will Probably Be Duds
The certification of the class in Sitzer/Burnett v. NAR is only an initial procedural step and there are serious issues with the plaintiff’s complaint. Still, however, the industry needs to proactively address the underlying issues regarding agent compensation.
Source: inman.com