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Chuck E. Cheese, MLS listing books and the correct pronunciation of ‘Realtor’ were on the table during HousingWire’s commission lawsuit debate

Housing Wire

It devolved into a battle about historic facts, old-school MLS listing books, pronunciation corrections and even references to the kid-friendly restaurant chain Chuck E. Our current mortgage finance system does not allow commissions to be plopped on top,” Lamacchia said. Department of Veteran Affairs (VA) loans. It is against the law.

MLS 414
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CoreLogic unveils new solution to bolster security for MLSs

Housing Wire

CoreLogic has debuted a new security solution for multiple listing services designed to reduce the risk of cybersecurity threats. Called Clareity Assure, the new, upgraded security platform is available to any MLS concerned about vulnerabilities in its listing data.

MLS 346
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Zillow victorious in false advertising suit with discount brokerage

Housing Wire

The jury found that REX did not prove Zillow used false advertising it its decision to put non-MLS listings on a different section of the website and that Zillow proved its defense on REX’s second claim that Zillow acted deceptively and unfairly.

Brokerage 372
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REX appeals latest court ruling in its ongoing battle with Zillow

Housing Wire

During the trial, a Seattle jury found that REX did not prove Zillow used false advertising it its decision to put non-MLS listings on a different section of the website and that Zillow proved its defense on REX’s second claim that Zillow acted deceptively and unfairly.

MLS 369
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Illinois homebuyers file second commission lawsuit, and it may be the largest one yet

Housing Wire

District Court for the Northern District of Illinois Eastern Division, this lawsuit also takes issue with NAR’s Clear Cooperation rule, which requires listing brokers to make an offer of compensation to buyer brokers in order to submit a listing to a Realtor-affiliated MLS.

MLS 421
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“Collusion,” agent training are the focus on day three of the Sitzer/Burnett trial

Housing Wire

Several industry executives, including Rene Galicia, the former director of MLS engage at the National Association of Realtors , and Rodney Gansho, the head of engagement at NAR, again appeared via video deposition, according to reports from Inman News. We do not have an answer to this puzzle. We don’t tell people what to charge.”

Agents 380
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NAR, brokerages say Sitzer/Burnett plaintiffs are trying to dodge cross examination

Housing Wire

The sudden decision on the eve of trial to withdraw three class representatives raises questions about whether the withdrawal was designed to avoid testimony that could conflict with other class representatives, raising questions about the merits and/or the propriety of the class,” the defense motion states.

Brokerage 363