The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied. Source: Inman News
Posts published in “antitrust”
The plaintiffs and defendants in the antitrust commission case indicated they would be available for a 3- to 4-week trial beginning Jan. 21, 2025, according…
Robby Braun, partner at Cohen Milstein Sellers & Toll, addresses “misconceptions” about the NAR deal’s impact and says Realtors who try to ignore the changes…
They asked the court for more time to analyze the impact on their proposed settlement of NAR’s proposed rule change banning the MLS display of…
More than 90 brokerages would not be covered under the $418 million deal, though most have the option of buying in. Source: Inman News
Sitzer | Burnett plaintiffs asked the court to order the Berkshire Hathaway affiliate to pay most of the nearly $5.4 billion damages award after NAR,…
After five years and nearly 100,000 hours of work, the law firms are asking a federal court for $82 million of the proposed settlements to…
Amended complaint alleges Warren Buffett’s company abused the trust inspired by his name to encourage homesellers to use HomeServices and further alleged price-fixing conspiracy. Source:…
Defendant MLS PIN and plaintiffs Jennifer Nosalek, Randy Hirschorn and Tracey Hirschorn asked a district court judge for permission to respond to a statement of…
Only 31 percent of homebuyers or sellers try to negotiate a lower commission, but 64 percent of those who do succeed, LendingTree survey finds. Source:…