Mississippi has joined Alabama in creating a law that states that buyers agents and brokers are not required to obtain a signed buyer agency agreement prior to touring a property with a prospective buyer. Earlier this month, Mississippi Governor Tate Reeves signed Senate Bill 2713 into law. Under the new law, buyers and sellers may […]
Buyer agency laws diverge as states break from NAR settlement playbook Read More »
Ownli has launched its real estate platform nationwide across 43 states, positioning its commission-free model as an alternative to current compensation fees, the company announced Tuesday. The Denver-based company said that as of March 1, 2026, its platform features more than 500,000 active properties across the U.S., representing $313 billion in total market value and
Ownli expands to 43 states with commission-free home listing platform Read More »
Hanna Holdings, the parent company of Howard Hanna Real Estate Services, has settled the homebuyer commission lawsuits. In a filing in the Davis homebuyer commission lawsuit on Monday, attorneys for Hanna Holdings indicated that the company had reached a settlement agreement in the Tuccori home buyer commission lawsuit via an opt-in feature in that lawsuit’s
Howard Hanna settles homebuyer commission case as courtroom tensions escalate Read More »
An additional five home seller commission lawsuit settlement agreements have gained final approval. On Thursday, Judge Stephen Bough, a Kansas City-based U.S. District Court judge, granted final approval to settlements reached by Hanna Holdings, William Raveis Real Estate, EXIT Realty Corp., Windermere Real Estate Services and William L. Lyon & Associates with the Gibson suit
Hanna, Windermere and three more brokerages settle home seller commission lawsuits Read More »
Nearly two years to the day since Keller Williams settled the home seller commission lawsuits, the firm has announced a settlement with the Batton homebuyer commission lawsuit plaintiffs. The company announced its settlement agreement on Monday. As part of the nationwide settlement agreement, Keller Williams will pay $20 million. The firm did not disclose any
Keller Williams settles Batton homebuyer commission lawsuit Read More »
It is no secret that the National Association of Realtors (NAR) has faced its fair share of legal challenges over the past few years. From the commission lawsuits, to an investigation by the Department of Justice (DOJ) to lawsuits over the three-way membership agreement and the now defunct, optional no-commingling rule, NAR’s legal team has
NAR outlines legal risk mitigation, litigation strategy in 2025 report Read More »
The Department of Justice (DOJ) wants a federal court in Philadelphia to take a close look at real estate agent commissions. Last Friday, the DOJ filed a statement of interest in the Davis homebuyer commission lawsuit filed in May 2024 against Howard Hanna Real Estate Services. The statement of interest was signed by Assistant Attorney
DOJ wants antitrust review of real estate commissions in Davis suit Read More »
Since the implementation of mandatory buyer broker agreements via the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement, many have wondered what happens if a buyer breaches a contract. Jeff Lichtenstein, the broker-owner of Florida-based Echo Fine Properties, found out when his firm entered into arbitration with a
Florida brokerage wins $24k from buyer after buyers broker agreement breached Read More »
As the National Association of Realtors (NAR) and its members prepare for Monday’s board of directors meeting, leaders are asking members and directors to consider some proposed changes to both the code of ethics and MLS rules. Repeals are the name of the game When it comes to MLS rules, according to Merri Jo Cowen,
NAR proposes MLS rule repeals, updates to code of ethics Read More »
The National Association of Realtors (NAR) began its 2025 NAR NXT conference Thursday morning by telling members that it was restructuring the organization based on their feedback and ideas, and on Thursday afternoon, the trade group put its money where its mouth is, soliciting feedback from brokers on how the organization could better serve its
NAR seeks broker input to improve value and transparency Read More »