In the reconciliation, MLS PIN agree not only to change business practices, including the termination of the requirements for buying a buyer broker compensation, but also to pay $ 3 million to the settlement fund.
Despite Salith’s first anxiety about the reconciliation, she gave a preliminary approval in September 2023. However, shortly afterwards, the situation derailed.
The second half of the month Ministry of Justice (Doj) A outline of Amicas, which claims to have “serious concerns” for the proposed settlement agreement. MLS Pin and Nosalek have returned to the drawing to submit a modified settlement agreement that DOJ had.
DOJ also submitted a statement of interest in the lawsuit in February 2024, and called for the end of cooperative compensation.
“This is the slowest movement situation,” Salis said in a hearing. Report from RISMEDIA。 “For me, the main points of comparison are (National Real Estate Association (NAR)) I don’t have a strong view of the difference in better things, but that can be ironed in a preliminary hearing. “
Chris Bauer, who attended the hearing on behalf of the Doj, told Salis that he is still carefully considering plaintiffs’ recent plaintiffs for the preliminary approval hearing.
Bauer, a member of the DOJ under the Biden administration, had previously not represented DOJ in a lawsuit of Nosarek. However, he appeared on behalf of DOJ in the final approval hearing of NAR’s reconciliation.
Salis indicated that he wanted to end the lawsuit during the summer. She pointed out at the request of DOJ that, as so in the past, would probably not give any more extensions.
“I don’t want to wait for 90 days for 90 days. This is very old at this point,” she said. “I don’t need another status report. I don’t want another roundrobin.”