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In March, the National Association of Realtorsagreedto a $418 million settlement in an antitrust lawsuit where a federal jury found the organization and several large real-estate brokerages had conspired to artificially inflate agent commissions on the sale and purchase of real estate. In a sta...
弗吉尼亚州弗吉尼亚海滩/ACCESSWIRE/2024年9月5日/Cedar Realty Trust(纽约证券交易所代码:CDRPB)(纽约证券交易所代码:CDRPC)(“雪松”)和Wheeler Real Estate Investment Trust(纳斯达克股票代码:WHLR)(“惠勒”)共同宣布,2024年9月4日,美国第四巡回上诉法院确认了美国地方法院的2023年命令要求马里兰特区驳回一项假定...
In the wake of a class-action lawsuit about agent commissions, this "cooperative compensation" model no longer applies and agent commissions cannot be included in MLS listings. Home sellers will still pay their own listing agents, and sellers could potentially offer to help pay for the buyer's...
malhotraspokaneReal EstateSeptember 2, 2024 The National Association of Realtors recently settled a class action lawsuit regarding how commissions are advertised. What does this mean for buyers? Very little. The manner in which buyer’s agent commissions are disclosed is changing. Not much else. Bu...
LAWSUIT INSPIRES A REAL CLASS ACTIONAngelica Medaglia
The $30-million class-action lawsuit that Wendy and others launched is demanding 10-15% back, per unit, to account for the discrepancy in price between Emerald City units and comparables in other buildings with a lack of direct transit connection. ...
Chair, Real Estate Board of New York The Durst Organization Douglas Durst, the superstar developer behind One World Trade Center and One Bryant Park, took the reins of the powerful Real Estate Board of New York trade association, becoming a figurehead for the industry as it enters a uniquely ...
In March 2024, the National Association of Realtors settled a class-action lawsuit by homeowners who alleged that the NAR had inflated the commissions paid to its realtors. If the deal is finalized by the court, it is likely to lead to substantially smaller commissions in the future. ...
On March 15, 2024, the National Association of Realtors settled a class-action lawsuit brought by home sellers who alleged that the association had inflated the commissions paid to its realtors. As part of the proposed $418 settlement, the NAR agreed to prohibit offers of broker compensation ...