Over the years, negotiations over commissions have been particularly pronounced in luxury and hyper-luxury sales, signifying what the Department of Justice (DOJ) aims to address by joining the court and plaintiffs in challenging the practice of advertising buyer compensation in the MLS.
Art Carter, CEO of the California Regional Multiple Listing Service (CRMLS), sheds light on the organization's proactive approach towards addressing the ramifications of anti-trust complaints within the real estate industry.
Get your attorneys on it. Pay close attention to the settlements that have already been announced, and do some 5th grade math.
New consumer protection regulations from the Federal Communications Commission aims to protect consumers from the scams and spam caused by the “lead generator” robo-calls & texts loophole and encourages an opt-in approach for delivering email to text messages.
A dark cloud is coming to real estate in America, and it’s hitting our shores at the worst possible time.
You need to look at this litigation like a tsunami wave that is heading for you.
Through the natural discourse of meetings to hone the best practices of the trade, the association created rules. To be a member of NAR or any association, members must agree to adhere to the rules. These association rules are creating legal problems.
For now, agents need to pay attention to the information from their MLS and their Association of REALTORS, and talk to their Broker.
By Kevin Hawkins with Korey Hawkins | Vol. 1 Post 6 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. AI is creating a legal minefield While the Federal government and dozens of states scurry to create AI legislation, AI cases are already filling our courts. Among the most notable lawsuits: Microsoft, GitHub, and OpenAI are being sued for allegedly violating copyright law by reproducing open-source code using AI. Visual artists in a proposed class-action lawsuit [...]
Today’s legal claims seek to indicate that the cooperation and compensation marketplace is a corrupt conspiracy of anti-competitive collusion and price fixing that undermines the free market for home buyers.
Anywhere Real Estate, owner of Coldwell Banker, Century 21, Sotheby’s and several other iconic real estate brands, has reached a settlement on two pivotal lawsuits for the real estate industry.
Every broker may require it of their buyer’s agents today. The real question revolves around when it's required.
