CoStar CEO: ‘We had zero involvement’ with commission lawsuits

CoStar CEO: ‘We had zero involvement’ with commission lawsuits

ANAHEIM, Calif. — Andy Florance, founder and CEO of CoStar Group, wants to set one thing straight: his company had nothing to do with the commission lawsuits now rocking the real estate... Read more »
As commission lawsuits mount, personal injury lawyers see an opportunity

As commission lawsuits mount, personal injury lawyers see an opportunity

As copycat commission lawsuits spread across the country in the wake of the Sitzer/Burnett jury verdict, a new demographic of plaintiffs’ attorneys are getting in on the action: so-called “ambulance chasers.” While... Read more »
Injunction in Sitzer/Burnett commission lawsuit not expected until spring 2024

Injunction in Sitzer/Burnett commission lawsuit not expected until spring 2024

As the dust from the Sitzer/Burnett commission lawsuit trial and jury verdict settles, many unanswered questions remain. And based on Judge Stephen Bough’s latest filing, it doesn’t appear the real estate industry... Read more »
Commission lawsuits pile up: NAR, Keller Williams named in new South Carolina case

Commission lawsuits pile up: NAR, Keller Williams named in new South Carolina case

Another day, another commission lawsuit — this time in South Carolina. On Monday, plaintiff Shauntell Burton filed a federal antitrust lawsuit in the U.S. District Court in South Carolina, alleging that the... Read more »
Commission lawsuits spread to Manhattan

Commission lawsuits spread to Manhattan

It appears that no real estate brokerage firm in the U.S. is safe from a commission lawsuit. On Wednesday, Manhattan home seller Monty March filed a lawsuit in U.S. District Court in... Read more »
NAR president offers guidance on how agents can navigate commission lawsuit uncertainty

NAR president offers guidance on how agents can navigate commission lawsuit uncertainty

In her first video appearance since the jury verdict in the Sitzer/Burnett commission lawsuit, National Association of Realtors president Tracy Kasper told NAR members that she shares their disappointment in the decision.... Read more »
How the commission lawsuits may prompt intervention from DOJ and regulators

How the commission lawsuits may prompt intervention from DOJ and regulators

For Regina Braga, the president of Res/Title, the verdict in the Sitzer/Burnett commission lawsuit did not come as a surprise. “We’ve definitely seen a movement in the last few years to be... Read more »
Illinois homebuyers file second commission lawsuit, and it may be the largest one yet

Illinois homebuyers file second commission lawsuit, and it may be the largest one yet

Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. But this latest one comes with a twist... Read more »
What’s different about the 0B(!) Gibson commission lawsuit

What’s different about the $200B(!) Gibson commission lawsuit

The Missouri judge who oversaw the landmark Sitzer/Burnett real estate commission lawsuit will also preside over the Gibson lawsuit brought by Michael Ketchmark, who represented the plaintiffs in Sitzer/Burnett. The class action-seeking... Read more »
Injunction in Sitzer/Burnett commission lawsuit not expected until spring 2024

Immunity or liability? Antitrust experts weigh in on commission lawsuit settlement outcomes

Speculation is still swirling around the proposed commission lawsuit settlement agreements reached by RE/MAX and Anywhere in the Sitzer/Burnett, Moehrl and now Nosalek lawsuits. The settlement agreements outline specific policy changes, including... Read more »