Settlement
Reffkin Calls on NAR for ‘Emergency’ Measures on Clear Cooperation as MLS Industry Absorbs Settlement Changes
Photo credit: AJ Canaria WASHINGTON D.C.—There were two stories being told on stage yesterday at RISMedia’s CEO & Leadership Exchange, with half a dozen MLS and brokerage executives each sharing their own parts of both sides. On the one hand, the settlement agreement struck by the National Association of REALTORS® (NAR) has not caused that… […]
NAR and DOJ Meeting Sparks Industrywide Dialogue Around Settlement ‘Workaround’
The complicated process of ensuring that the real estate industry complies with incoming policy changes is underway, as concerns about loopholes surrounding commission-sharing have already started a discourse among regulators and innovators—potentially, an amicable one. The ongoing dialogue was highlighted by a recent meeting between the National Association of REALTORS® (NAR) and the U.S. Department… […]
Homeowners Enter Settlement Agreement with Appraiser in Racial Bias Suit
Two California homeowners entered a settlement agreement in a lawsuit alleging racially based discrimination in the appraised value of their home. www.nar.realtor – Fair Housing
Anywhere Preliminary Settlement Reached in Commission Lawsuits
The list of defendants in the two most prominent class action lawsuits facing the real estate industry could be shortened by one as a settlement between Anywhere Real Estate and the homesellers suing the company in the Moehrl and Burnett/Sitzer cases is on the table. Though it still needs to be greenlit by the judges… […]