The Settlement here does not overlap with any of the existing home seller settlements. Rather, this Settlement resolves the legal claims of homebuyers who were not included in the home seller settlement
The Compass v. NWMLS lawsuit is a pivotal moment in the real estate industry’s evolution, pitting a self-proclaimed disruptor against a powerful, broker-owned MLS. Compass’s allegations of monopoly power, anti-competitive rules, suppressed innovation, and consumer harm strike at the heart of how real estate markets operate.
Here’s Saul talking about the value of a skillful negotiator aligned with the buyer’s best interest, whether compensation be by way of hourly, flat, traditional split, or a performance-based model that promotes transparency and trust as buyers can see the direct correlation between the agent’s negotiation efforts and their compensation.
The Per Se approach provides a more rigid framework for identifying and condemning certain anticompetitive practices, while the Rule of Reason approach offers a more flexible and nuanced analysis that considers the broader context and effects on competition and consumer welfare.
FAQ #5 Yes, if the seller is willing to offer buyer concessions, the listing broker can communicate this fact in the MLS remarks section. The
FAQ #3 Difference between compensation and concession
FAQ #2 Are still allowed under the proposed Settlement, they just can NOT be offered through the MLS. MLS ceases to be an “Offer of
Confused and overwhelmed by the multiple changes with the many impacts of the DOJ/NAR/MLS mandates?
Zola states, “We are in the people business, and more than ever, we need people skills and knowledge skills to better communicate” with the buyers and sellers.
In this Part 1, we will highlight about half of the FAQs that we feel will be most relevant to the practice of the professional real estate agent.
The decree’s core principle fits in one sentence: a broker may not decide what a rival broker’s customers are allowed to see. Display decisions belong to the seller. Data flows to every cooperating broker on cost based, equal terms.
Attacking Housing Affordability while addressing sustainability, and social and climate equity is everyone’s responsibility. Foot Traffic Ahead 2023, is a study and report by Smart
“Consumer Engagement Engines” and “First Party Data Rights…” Make me think of CoStar (Homes) and Zillow What are “first party data rights?” “First-party data rights”
