Nosalek Case: MLS PIN Settlement Approved
MLS PIN secures final approval for Nosalek settlement, resolving commission claims after 5 years. The case, alongside Sitzer/Burnett & Moehrl, prompts policy changes & DOJ scrutiny. Settlement: $3.95M.
Commissions rebound following post-settlement decline
Following the August rule changes, commissions for both buyer and seller agents fell, but they have since rebounded, according to an AccountTECH study that analyzed more than 224,000 transactions from 1,290 real estate offices.
eXp continues to lose agents, but transaction volume gets a boost
Revenue for international transactions has increased by 63% over the last 12 months, and the company plans to open locations in Türkiye, Peru and Egypt in early 2025, Sanford said.