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Judge denies HomeServices’ motion for ‘judgment as a matter of law’ in Sitzer suit

Housing Wire

She said that HomeServices does not meddle in operations, give advice, or advise on commissions or how the brokerage approaches Realtor association membership. Frazier also told the jury that ReeceNichols does not require agents to be members of the National Association of Realtors , but the local MLS does. They were guidelines.

Law 373
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The 100-years-war over real estate commissions

Housing Wire

In 2002, Natalya Delcoure and Norman Miller, two real estate economists, set about to learn what fees consumers pay real estate agents in America. They were especially interested in real estate commissions. What Decloure and Miller discovered was somewhat shocking. That’s part two, coming up Thursday.

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Gary Keller, Bob Goldberg, Gino Blefari depositions on commissions shared with the jury

Housing Wire

Ketchmark said the plaintiffs want the defendants, which include the National Association of Realtors , HomeServices of America and Keller Williams , to “return the money” they believe was unlawfully taken via commissions as a result of an alleged conspiracy between the defendants. billion in damages.

Agents 422
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The housing market is now savagely unhealthy

Housing Wire

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 My concern now is that some sellers are feeling stressed about this market, which should never happen because this is the best seller market ever. You can see why some sellers are stressed now.

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Opinion: All the ways the class-action commission lawsuits are misguided

Housing Wire

No seller must use a real estate agent to sell a home — ever. They may buy directly from a seller, whether that seller is represented by an agent or not. RealTrends + Harris Insights ‘ studies from 2002, 2005, 2006, 2011, 2014, and 2019 all show that consumers know that commissions are negotiable.

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Existing home sales data shows extent of housing inflation

Housing Wire

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well. million in August.”

Inventory 448
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Free Webinar Discusses Implications of New Real Estate Ethical Standards

McKissock

As the real estate industry continues to evolve and the National Association of REALTORS ® updates its ethics standards to be more aligned with today’s current environment, there are a lot of questions about what the actual changes are and the implications of those changes. John Wenner.