Five additional brokerages named in California’s commission lawsuit

Five additional brokerages named in California’s commission lawsuit

Northern California’s copycat commission lawsuit, known as Grace after its lead plaintiffs, has gained five additional defendants. In an amended complaint filed on Friday, the plaintiffs’ counsel named Vanguard Properties, Twin Oaks... Read more »

Mortgage rates — not commission lawsuits — will be the story in 2024 for publicly traded brokerages

There is no question that the headline of the year in 2023 for many publicly traded brokerages was the commission lawsuits. But in 2024, industry analysts believe mortgage rates will be the... Read more »
More local brokerages added to Georgia commission lawsuit defendant list

More local brokerages added to Georgia commission lawsuit defendant list

An amended complaint in the Phillips copycat commission lawsuit filed on Wednesday in northern Georgia names a slew of additional defendants, as well as three new plaintiffs. Originally filed in late November,... Read more »
Missouri jury finds NAR, brokerages guilty of conspiring to inflate commissions

Missouri jury finds NAR, brokerages guilty of conspiring to inflate commissions

A Kansas City jury has found the National Association of Realtors, HomeServices of America and Keller Williams guilty of colluding to inflate or maintain high commission rates through NAR’s Clear Cooperation Rule,... Read more »