Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. NAR settles buyer lawsuits for $52.25 million The National Association of Realtors® (NAR) is settling buyer lawsuits for $52.25 million, opting into a copycat lawsuit in Illinois with what is being described as…
Above: Ashton Real Estate Group of REMAX Advantage Co-Founders Gary Ashton and Debra Beagle. Talk about traveling to the beat of a different drum… Linda Ronstadt may have famously sung the words, but Gary Ashton has lived them, almost quite literally. While Ashton never garnered gold records as a rock band drummer, he’s achieved incredible…
“Premarket listings.” It’s the new industry catchphrase, thankfully replacing “commission lawsuits,” but, alas, it comes with its own controversy. The practice of promoting a property to potential buyers and agents before being listed on the Multiple Listing Service (MLS) has also made its way into the courtroom, most prominently via a tussle between Compass and…
Above, from left, John Featherston, Vanessa Bergmark, OB Jacobi, Bess Freedman and Christina Pappas at LeadingRE’s LIMITLESS conference March 3. Calling 2026 “a Renaissance year” in real estate, a time of opportunity unlike we’ve had in the last several years, RISMedia Founder and CEO John Featherston recently led an “Industry Outlook” panel with four leaders…
The National Association of Realtors® (NAR) is settling buyer lawsuits for $52.25 million, opting into a copycat lawsuit in Illinois in what is being described as a “broader” release for all NAR members, brokerages and MLSs. The settlement is meant to resolve claims by homebuyers over the same claims put forward in the Burnett case…
New York Luxury firm Douglas Elliman has reached a settlement to resolve remaining homebuyer claims in a buyer copycat case known as Tuccori, according to a court document filed April 9. The settlement, filed in the U.S. District Court for the Southern District of Florida, allows Douglas Elliman to resolve residential homebuyer claims that were…
As largely expected, inflation has surged this past month. The Consumer Price Index (CPI) grew 0.9% from February to March, with annual inflation at 3.3%. This is a drastic increase from the 0.3% increase seen in February, when annual inflation was 2.4%. Separately, another measure of inflation through the Personal Consumption Expenditures (PCE) price index…
Market conditions have been a bit of a wild ride over recent years, with affordability and inventory challenges, coupled with other economic headwinds, keeping buyers and sellers on edge. Rate lock-in has many sellers awaiting better conditions to make their move, while high home prices have buyers doing the same. What the industry as a…
Zillow on April 10 announced that an additional 28 brokerages have signed on to be part of its “Zillow Preview” premarketing program, bringing the total to “nearly 60,” according to the portal, as the industry continues to parse out the principles of this strategy. The new companies appear to be mostly large regional brokerages, including…
Forget the outdated notion that every homebuyer is tied to a 30-year mortgage. In fact, data from the National Association of Realtors® (NAR) shows that all-cash sales surged to 29% of the market by late 2025. A cash buyer is simply an individual or entity with the liquid assets to purchase a property outright, bypassing…
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