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Lawsuits, Compass, commission: Inman’s Top 5 stories this week

Publish Date: March 29, 2024

Written by Dani Vanderboegh

- Originally published at Inman News - Dani Vanderboegh

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Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

And don’t miss The Download, our weekly column that breaks down one of the top stories of the week and equips you with what you’ll need to meet next Monday head-on.

A piece of chocolate cake being removed from the whole

Africa Studio / Shutterstock.com

One of the class-action suits seeks $250 million in damages while the other is asking the court for a preliminary injunction stopping Keller Williams from distributing profit share payments.

Credit: Compass

The news comes one week after NAR’s whopping $418 million settlement was announced. Compass also agreed to make some minor changes to its business practices as part of the settlement. 

Robby Braun, partner at Cohen Milstein Sellers & Toll, addresses “misconceptions” about the NAR deal’s impact and says Realtors who try to ignore the changes “will get left behind.”

Real estate professionals respond in the aftermath of NAR’s big commission lawsuit settlement and Compass’ brand new one.

Premier Sotheby’s International Realty President and CEO Budge Huskey corrects the record on commissions — and the potential impact of the NAR settlement on buyers, sellers and agents.

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