Tag Archives: FTC

Douglas Elliman to go public in spinoff from Vector Group

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If approved by the FTC and Vector Group’s board, Douglas Elliman’s shares would trade under the ticker “DOUG” on the New York Stock Exchange. Continue reading →

Brad Inman challenges agents to embrace the future: ‘This is your time’

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The real estate industry has been in an era of rapid digitization for the past decade, and venture capitalists are pushing fast-forward on a future where transactions are as simple as buying a new car. Although that future terrifies most agents, Inman … Continue reading →

‘This is not a blip’: Antitrust experts warn RE leaders to work with DOJ

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The Council of Multiple Listing Services panelists warned real estate leaders and MLS members, “It’s better to be part of the process … than having the rules written for you.” Continue reading →

Zillow wraps ShowingTime deal as feds continue FTC investigation

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The $500 million deal was first announced in February, and it prompted a heated debate among ShowingTime users. Despite the deal closing, the FTC is reportedly still seeking information from the companies. Continue reading →

Opendoor and FTC still at odds over iBuyer’s advertising

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Regulator threatened “enforcement action” related to allegedly “inaccurate” or “inadequately substantiated” advertising claims if settlement talks fail. Continue reading →

Lawmakers urge investigation into Zillow acquisition of ShowingTime

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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 →

Dueling NAR and REX op-eds hint that DOJ will target commissions

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National Association of Realtors: “The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure.” Continue reading →

Here’s the timeline of the NAR-DOJ legal battle

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The U.S. Department of Justice just backed out of an antitrust settlement with the National Association of Realtors, suggesting more legal wrangling is on its way. Continue reading →

With new FTC chair, expect greater scrutiny on the real estate industry

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Lina Khan’s appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation. Continue reading →

Watchdog group asks FTC to review Quicken Loans mortgage ads

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The National Advertising Division of BBB National Programs takes issues with promises by Quicken Loans that “No Registration, No Login” is required in company advertisements “encouraging consumers to refinance their mortgage and learn more about its lo… Continue reading →