In this edition of Person of the Week, Teresa Kinney, CEO of the Miami Association of Realtors, discusses how her organization is addressing the changes coming to the broker commission environment. How have the members of the Miami Association of Realtors reacted to...
The National Association of Realtors (NAR) is appealing a court ruling that enabled the U.S. Department of Justice (DOJ) to reopen a probe of the organization’s Participation Rule and Clear Cooperation Policy that was resolved in a 2020 settlement. In a filing...
Rocket Mortgage LLC, a division of Detroit-headquartered Rocket Companies (NYSE:RKT), has reached a settlement with the U.S. Department of Housing and Urban Development (HUD) to resolve allegations that the company denied a mortgage loan application because the...
Three brokerages at the center of the landmark lawsuits regarding home sale commissions – Anywhere Real Estate Inc. (NYSE: HOUS), Keller Williams and RE/MAX Holdings (NASDAQ:RMAX) – received final court approval of their respective nationwide settlement agreements....
The proposed settlements involving three major real estate brokerages accused of improper commission practices in the Sitzer/Burnett lawsuit are facing a challenge from plaintiffs in another lawsuit. The plaintiffs in the Batton 1 lawsuit filed a motion for a...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
