January, 2024

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Coldwell Banker welcomes Austin-based luxury brokerage

Housing Wire

Boutique luxury brokerage Tate Property Group has joined Coldwell Banker , the company announced last week. The Austin , Texas-based brokerage was founded in 2008 by Pat Tate, who will be jumping to Coldwell Banker with her son, Drew Tate, and three other agents. The group will relocate to the Coldwell Banker’s Westlake office.

Brokerage 427
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California commission suit alleges collusion in the City of Angels

Housing Wire

The complaint names 35 entities as defendants, including the National Association of Realtors , local and national brokerages, MLSs and local Realtor associations. Patrick Thurber, a California home seller, is an additional named plaintiff in the suit. 17, 2020, and the present.

Realtors 530
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Five local brokerages replace Anywhere affiliates in Pennsylvania commission lawsuit

Housing Wire

The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff. As for the defendants, real estate brokerages River Point Realty , Bovard-Anderson , Priority Realty , Rubinoff Realty Services and Found It PA were added in the amended complaint. District Court for the Western District of Pennsylvania.

Brokerage 405
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Maryland home seller files commission lawsuit in Missouri

Housing Wire

The complaint argues that the NAR and the brokerage defendants collude “to impose, implement and enforce anticompetitive restraints that cause home sellers to pay inflated commissions on the sale of their homes, in violation of federal antitrust law.” Because this blanket offer must be made available to every buyer-broker using the MLS (i.e.,

Sellers 417
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Second REBNY commission lawsuit dismissed

Housing Wire

District Court in New York against the Real Estate Board of New York and several brokerages, according to court filings. 2023, REBNY announced changes to its rules , including a rule preventing listing agents from paying or offering to pay buyers’ agents compensation. Garfield & Co. ,

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Bright MLS teams up with Collabra Technology

Housing Wire

Agents subscribed to Bright MLS now have access to a built-in advertising tool through a new partnership with Collabra Technology , according to an announcement on Tuesday. The tool also automatically builds advertising for agents that includes their business details, including their name and brokerage.

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Q1 2024 BrokerPulse: Leaders predict flat home prices, lower interest rates

Housing Wire

Treble damages could result in the NAR and brokerages paying roughly $5.36 Brokers turn to robust agent training According to our survey, brokerage leaders aren’t sitting around waiting for change to occur. The defendants have been ordered to pay damages of $1.78 ” “Transparency in commission structure.”

Brokerage 417