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Parties in the Hooper commission lawsuit seek preliminary settlement approval

The Hooper commission lawsuit plaintiffs and the brokerage defendants that have reached proposed settlement agreements are looking to make things official. On Wednesday, the Hooper plaintiffs — along with remaining defendants Mark Spain Real Estate, eXp World Holdings, Weichert of North America and Atlanta Communities Real Estate Brokerage — filed a motion for preliminary approval…

DOJ wants to participate in oral arguments at REX appeal

The Department of Justice (DOJ) is looking to further its involvement in REX Real Estate’s appeal of its antitrust suit against the National Association of Realtors (NAR) and Zillow. On Wednesday, the DOJ filed a motion with the Ninth Circuit Court of Appeals for permission to participate as an amicus curiae in the oral arguments scheduled for Feb. 13….

Commission facilitator RLTYco secures $20 million in Series A funding

A startup that wants to help independent real estate agents and brokers manage the logistics of their business is getting a big boost. RLTYco, a New York-based company that provides services related to commissions, taxes and health care, has secured $20 million in Series A funding with the hope of providing real estate professionals access…