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The U.S. Division of Justice on Monday argued NAR “does not identify any errors of law or fact meriting panel rehearing” over whether or not the antitrust enforcer can reopen its probe into NAR guidelines.
Brokerages and MLSs have till 11:59 p.m. CST Tuesday to decide in to offers resolving antitrust claims introduced by sellers concentrating on commissions. Inman contacted 79 brokerages for his or her updates.
CoStar Group founder and CEO Andy Florance shares the following chapter of Houses.com’s $1 billion advertising and marketing push and the fallacy of “pure buyer agency” as portals recalibrate their methods amid a coming fee crunch.
As key milestones strategy, the DOJ’s upcoming opinion on the fee lawsuit settlement is already drawing each consideration and criticism.
Most actual property professionals anticipate fee splits at their brokerage to stay unchanged for some time longer. As for the remainder, many have conflicting opinions on what sort of change is coming.