Real AI: Legal minefield, 5 Facts and AI Meme of the week

By Kevin Hawkins with Korey Hawkins Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. AI is creating a legal minefield While the Federal government and dozens of states scurry to create AI legislation, AI cases are already filling our courts. Among the most notable lawsuits: Microsoft, GitHub, and OpenAI are being sued for allegedly violating copyright law by reproducing open-source code using AI. Visual artists in a proposed class-action lawsuit are suing artificial intelligence image [...]

Should MLSs Lobby for Oversight from the SEC to Block These Stupid Lawsuits?

Today’s legal claims seek to indicate that the cooperation and compensation marketplace is a corrupt conspiracy of anti-competitive collusion and price fixing that undermines the free market for home buyers.

By |2023-09-06T10:16:09-07:00September 11th, 2023|Legal in Real Estate, MLS Insights|0 Comments

Anywhere settles Moehrl and Sitzer/Burnett lawsuits

Anywhere Real Estate, owner of Coldwell Banker, Century 21, Sotheby’s and several other iconic real estate brands, has reached a settlement on two pivotal lawsuits for the real estate industry.

By |2023-09-06T05:36:45-07:00September 6th, 2023|Broker Information, Legal in Real Estate, News|0 Comments

Showing Instructions Should Require Buyer Broker Agency Agreement Today

Every broker may require it of their buyer’s agents today. The real question revolves around when it's required.

Facing the Future of the MLS Buyer Broker Commission Litigation

Are you following any of the Buyer Commission lawsuits? MLSs that require a listing broker to provide a blanket, unilateral offer of compensation to buyer brokers in order to submit a listing to the MLS is likely to be rendered obsolete. Imagining a future of the MLS without the offer of compensation, should be the top issue discussed in MLS board rooms today.