Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Tuccori settlement on hold after judge request The approval of settlement agreements with more than 20 real estate companies in a major antitrust lawsuit filed by recent homebuyers challenging commission practices in the…
Less than a month after the same court upheld the National Association of Realtors®’ settlement in the historic Burnett lawsuit, the Court of Appeals for the Eighth Circuit has now also upheld the settlements in the Gibson commission lawsuit. The Gibson lawsuit is the main copycat of the Burnett case, originally filed on the same…
A federal judge in Chicago has granted preliminary approval to settlement agreements with more than 20 real estate companies in a major antitrust lawsuit filed by recent homebuyers challenging commission practices in the residential real estate market. On May 26, U.S. District Judge Lindsay C. Jenkins approved opt-in agreements in the case Tuccori v. At…
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…
A federal judge in the Northern District of Georgia has granted final approval to a series of commission-related antitrust settlements involving several real estate brokerages, bringing an end to the cases after a prolonged fight between two groups of plaintiffs and accusations that the companies negotiated “sweetheart” deals. The dispute stems from a broader clash…
The Eighth Circuit Court of Appeals in Kansas City, Missouri, heard oral arguments in the Sitzer-Burnett settlement appeal on Jan. 14, with attorneys representing objectors as well as defendants debating the validity of the settlement amount and its effectiveness in addressing homebuyer claims. Nearly two years after the landmark March 2024 settlement—where the National Association…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass closes Anywhere acquisition In a regulatory filing on Jan. 9, Compass announced that its merger with Anywhere Real Estate was officially closed. The deal has faced much scrutiny from the real estate…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass and Zillow file final hearing documents, await judge’s ruling Compass and Zillow have both filed their final court documents related to the recent hearing in the two companies’ lawsuit over Zillow’s private…
A judge has ruled in defendants’ favor over the class certification dispute in the largest homebuying commission case: Batton vs. The National Association of Realtors® (NAR). Judge LaShonda A. Hunt granted a motion by defendants in the case, who include big brokerages along with NAR, ruling that the plaintiffs’ motions for Class Certification “stricken without…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow calls out CoStar media, litigation strategies in lawsuit response In its first substantive arguments in a high-profile lawsuit with CoStar, Zillow again accused its rival of essentially using legal action to advance…
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