The real estate brokerage Compass filed a lawsuit against NYC trade organization REBNY for its rules governing co-broking.
Below is a copy of Compass’ legal complaint.
Compass-REBNY-LawsuitLink to download complaint: https://blocksandlots.com/wp-content/uploads/2021/03/Compass-REBNY-Lawsuit.pdf
The REBNY Listing Service Universal Co-brokerage Agreement Rules and Regulations state the rules for co-broking in New York City. Co-broking is when a home buyer and seller’s brokers coordinate a deal. REBNY-Universal...
The REBNY Listing Service Universal Co-brokerage Agreement Rules and Regulations state the rules for co-broking in New York City. Co-broking is when a home buyer and seller’s brokers coordinate a deal. REBNY...
Sellers and listing agents use the REBNY financial statement to assess the financial status of prospective buyers. The statement covers a buyer’s assets, liabilities, monthly income, and projected monthly expenses...
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