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Federal Court Gives Final Approval for NAR’s Settlement of the Sitzer/Burnett Case

Federal Court Gives Final Approval for NAR’s Settlement of the Sitzer/Burnett Case

by Phil Hall | Nov 26, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The $418 million settlement by the National Association of Realtors (NAR) of the Sitzer/Burnett case received its final approval in federal court. The New York Times reported Judge Stephen R. Bough of the Western District of Missouri gave his final sign-off on the...
DOJ: Sitzer/Burnett Settlement Does Not Prevent Future Enforcement Against NAR

DOJ: Sitzer/Burnett Settlement Does Not Prevent Future Enforcement Against NAR

by Phil Hall | Nov 25, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The US Department of Justice (DOJ) filed a Statement of Interest on Sunday ahead of this week’s final hearing of the National Association of Realtors’ (NAR) $418 million settlement of the Sitzer/Burnett case. Real Estate News reported the DOJ’s statement informed the...
$2.3 Million Settlement in AI-Screening Discrimination Lawsuit

$2.3 Million Settlement in AI-Screening Discrimination Lawsuit

by Phil Hall | Nov 21, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A federal court has approved a $2.3 million settlement that resolves charges that SafeRent, an artificial intelligence (AI) screening tool used by landlords, used its algorithm scores to determine if a rental housing applicant using vouchers should be approved as a...
Study: Real Estate Commissions Hold Steady in 2 Months Since NAR Settlement

Study: Real Estate Commissions Hold Steady in 2 Months Since NAR Settlement

by Phil Hall | Nov 12, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A new data study has determined the commission rates that real estate agents charge to buyers and sellers has held steady since the National Association of Realtors (NAR) settlement went into effect in August. According to data from AccountTECH, the average commission...
HUD Announces $115,000 Settlement of Denver Disability Discrimination Case

HUD Announces $115,000 Settlement of Denver Disability Discrimination Case

by Phil Hall | Nov 8, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) entered into a Voluntary Compliance Agreement / Conciliation Agreement with city and county agencies in Denver to resolve charges of discrimination related to a refusal to accommodate a household with a...
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