Arizona broker Grady Hillis objects to rules prohibiting listing broker and agent contact information in public remarks and restricting access to lockboxes to Realtors. Continue reading
Federal Judge Thomas Zilly said REX Real Estate’s antitrust allegations against NAR and Zillow are “plausible,” in an order on Thursday. NAR said it will continue to defend itself against REX’s claims. Continue reading
Judge voiced concerns that the Clear Cooperation Policy could have anticompetitive effects, but suggested TAN was the wrong plaintiff to bring suit. Continue reading
REX calls out NAR for alleged “false assertions” while NAR alleges REX is blaming others for its “business shortcomings” and that “consumers are not interested” in REX’s services Continue reading
Rep. Ken Buck and Sen. Mike Lee, ranking members of the House and Senate antitrust subcommittees, have asked the FTC to “closely examine competition issues” in real estate. Continue reading
The federal agency says NAR can’t use a 2008 consent decree to shield itself from investigation of its rules. Continue reading
National Association of Realtors: “The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure.” Continue reading
On Monday, REX alleged that the National Association of Realtors and Zillow use NAR’s segregation rule to hinder competitors who don’t comply with NAR’s commission rule. Continue reading
Real estate experts share how President Biden’s latest executive order could impact real estate from licensing to noncompete agreements to antitrust lawsuits. Continue reading
Agency letter offers first clue that the Clear Cooperation Policy may be part of a “broader investigation” into trade group’s rules. Continue reading