In-depth coverage of the MLS industry: lawsuits, policy, data and the fight over listings.
NAR policy, the commission settlements, buyer-broker compensation and practice rules. New to the issue? Start with our explainer: NAR settlement & commission rules.
RSS for this sectionA homebuyer is suing a Keller Williams franchisee, alleging it charged him a $650 flat broker fee for no services. The complaint claims the fee violated a state consumer protection law and the brokerage's fiduciary duty.
The Eighth Circuit upheld the settlements in the Gibson commission case, weeks after affirming the landmark Sitzer/Burnett deals. The Sept. 1 ruling allows settlement payments to move forward, with the two cases accounting for most of the more than $1 billion in total settlements.