US realtor group's $418 million antitrust settlement wins tentative approval [Reuters]
Anywhere Real Estate Inc., (HOUS)
Company Research
Source: Reuters
National Association of Realtors to pay $418 million and implement changes to how Americans buy and sell homes. WHY IT'S IMPORTANT U.S. District Judge Stephen Bough's settlement order New Tab , opens new tab marked a key first step in a months-long process that will culminate in a final approval hearing set for Nov. 26 in Kansas City, Missouri. The plaintiffs' lawyers who negotiated the deal have heralded it as a game-changer for how homes are bought and sold in the United States. Under the terms of the settlement, home sellers will no longer be required to offer a commission to buyers' agents in order for their properties to appear on “multiple listing services,” which is where most home sales originate. Commissions still can be negotiated as part of the process. Report this ad CONTEXT Bough presided over a trial last year that ended in a $1.8 billion verdict against the National Association of Realtors and other defendants. A class of home sellers accused the defenda
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HOUS
News
- Title premium volume fell 31% in 2023 [Yahoo! Finance]Yahoo! Finance
- Earnings To Watch: RE/MAX (RMAX) Reports Q1 Results Tomorrow [Yahoo! Finance]Yahoo! Finance
- Survey Data Shows an Increase in Agents Open to Changing Companies This Year - But More Coldwell Banker Real Estate Agents Plan to Stay PutPR Newswire
- Anywhere Real Estate Inc. (NYSE:HOUS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- A Connecticut home with a private FAA-approved airstrip and hangar has hit the market for $2.9 million. Take a look. [Business Insider]Business Insider
HOUS
Earnings
- 4/25/24 - Miss
HOUS
Sec Filings
- 3/19/24 - Form ARS
- 3/19/24 - Form DEFA14A
- 3/19/24 - Form DEF
- HOUS's page on the SEC website