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Amid legal uncertainty, MLSs explore cooperative compensation workarounds

Housing Wire

Though these policies have been put in place to avoid future antitrust lawsuits, legal experts who spoke to HousingWire said they might not be enough. The National Association of Realtors also began allowing this under its Clear Cooperation policy in early October 2023.) Let’s break down the changes and the implications.

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Benefits Of Using a Realtor to Buy Land In 2023

Cleveland Appraisal Blog

If you decide to use a realtor it can make the experience much smoother, much easier and ultimately far better for you as a buyer. Join us in this article as we discuss the many different benefits of a Ventura Realtor when buying land in 2023 and why you should consider this as an option before you take the long road all by yourself.

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NAR board votes to leave dues unchanged in 2025

Housing Wire

The National Association of Realtors’ (NAR) board of directors voted to leave member dues unchanged in 2025. The vote occurred Thursday during the final day of NAR’s midyear conference, the Realtors Legislative Meetings, according to Inman , which first reported the story. In 2023, NAR raised dues from $150 to $156.

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Redfin, NAR targeted in latest commission lawsuit

Housing Wire

The National Association of Realtors is facing yet another copycat commission lawsuit. The trade group’s legal woes have brought it back to California, where is already facing other commission lawsuits. Filed on Tuesday in U.S. 2, 2019, and Oct. None of the defendants responded to a request for comment.

Realtors 381
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Meet Kevin Sears, NAR’s latest president

Housing Wire

When Kevin Sears stepped into the role of National Association of Realtors president on Monday following Tracy Kasper’s resignation , he became the trade organization’s third president in a little over four months. In addition to serving his local and state Realtor organizations, Sears has served NAR in multiple roles over the years.

Realtors 379
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Anywhere Real Estate settles buyer broker commission lawsuits

Housing Wire

The Sitzer/Burnett suit is slated to head to trial on October 16, 2023. We believe the settlement will remove future uncertainty with respect to the upcoming trial, potential additional claims, and legal expense, enabling Anywhere to focus on and continue delivering what’s next for agents and franchisees.

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Court allows Gibson and Umpa suits to consolidate

Housing Wire

National Association of Realtors , et al., The Gibson suit was filed in late October 2023 by Michael Ketchmark, just after a Missouri jury ruled in favor of his clients in the Sitzer/Burnett suit that found real estate industry players liable for colluding to artificially inflate agent commissions.

Realtors 351