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Michigan suit claims Realtor memberships have no value after compensation banned on MLS

Housing Wire

The plaintiffs take issue with what they claim is a requirement for agents and brokers — in Michigan and nationally — to be members of NAR, their state Realtor association and a local Realtor association in order to gain access to the MLS. The three plaintiffs are real estate professionals.

MLS 370
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Judge to MLS PIN: ‘Trying to understand why this matters’

Housing Wire

Saris is ready to see some movement in the Nosalek commission lawsuit , which has been pending for five years now, but that doesn’t mean she is going to approve MLS PIN’s settlement without properly examining the details. Im just trying to understand why this matters, Judge Saris said. Why do you care so much?

MLS 287
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Agents Decoded: How to get more from your MLS

Real Estate News

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Illustration by Lanette Behiry/Real Estate News Agents Agents Decoded: How to get more from your MLS It may not be flashy, but your MLS is still one of your most powerful tools. Our MLS is the envy of agents across the world , for good reason.

MLS 231
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DOJ withdraws objection to MLS PIN settlement, clearing the way for preliminary approval

Housing Wire

The Department of Justice (DOJ) has withdrawn its objection to MLS Property Information Network (MLS PIN)s preliminary settlement of the Nosalek commission lawsuit after the two sides negotiated amended terms. MLS PIN is settling the case for $3.95 The two sides were the first to announce a settlement in the case in July 2023.

MLS 240
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MLS PIN, Nosalek plaintiffs fire back at the DOJ

Housing Wire

On Tuesday, MLS Property Information Network (MLS PIN) and the plaintiffs in the Nosalek suit, filed requests asking Judge Patti B. MLS PIN and the Nosalek plaintiffs first filed their proposed settlement agreement during the summer of 2023. DOJs supplemental response addresses none of these points, MLS PIN writes.

MLS 206
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December jobs report comes in stronger than expected

Housing Wire

Residential building construction added 3,500 jobs from November, while residential specialty trade contractors added just 500 positions. The bulk of the job gains in December occurred in the care (+46,000 jobs), government (+33,000 jobs), retail trade (+43,000 jobs), and social assistance (+23,000 jobs) sectors.

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The DOJ isn’t done with Realtors and their commissions

Housing Wire

On Monday, the DOJ filed a supplemental statement of interest in the Nosalek suit expressing its continued displeasure with the terms of MLS Property Information Networks (MLS PIN) settlement. The DOJ claims that it has been fighting to inject competition into residential real-estate markets.

MLS 388