For most of my career around housing, we have talked about a real estate agent’s value as though it were one thing. It isn’t. An agent may help a buyer understand a market, find properties, arrange showings, evaluate price, write an offer, negotiate terms,...
The Eighth Circuit upheld the major real estate commission settlement this week, and I expect the legal arguments surrounding commissions will continue for some time. Objectors can still seek further review, an attorney representing some of them has said his clients...
The National Association of Realtors (NAR) has agreed to a $418 million settlement that will resolve a series of lawsuits that challenged its rules on real estate broker commissions. The New York Times reported that it obtained a copy of the settlement, which will be...
A Phil Hall Op-Ed: If you’ve been following the kudzu-level spread of lawsuits regarding real estate broker commissions, you might have noticed something interesting regarding the reaction to this litigation. Or to be more precise, the lack of reaction – especially...
The Department of Justice has made its first foray into the growing number of lawsuits regarding real estate commissions by asking a federal judge in Boston to reject a consumer settlement between a group of home sellers and a multiple listing service. Reuters is...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
