Tag Archives: michael toth

Insurance agency says REX is still operating, praises tech

By Andrea V. Brambila | May 19, 2022 - 10:50 pm |May 19, 2022 Uncategorized

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PIUS CEO tells Inman the company is operating ‘on a smaller scale,’ but a former REX agent says those operations no longer include handling real estate transactions. Continue reading →

REX hires lawyer-to-the-stars David Boies to carry on battle with Zillow

By Jim Dalrymple II | May 16, 2022 - 5:06 pm |May 16, 2022 Uncategorized

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Boies, who has represented Al Gore, Harvey Weinstein and failed medical startup Theranos, told Inman he took the case because it’s “important to enhancing competition in housing markets.” Continue reading →

REX abandons antitrust case against Oregon rebate ban

By Andrea V. Brambila | May 12, 2022 - 9:03 pm |May 12, 2022 Uncategorized

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REX, which offers buyers commission rebates, filed suit against Oregon officials in December 2020. Continue reading →

‘Writing is on the wall’: Court tosses NAR counterclaim against REX

By Andrea V. Brambila | April 28, 2022 - 2:24 pm |April 28, 2022 Uncategorized

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Judge finds the National Association of Realtors failed to allege facts to show how the discount brokerage specifically harmed the trade group’s reputation with its own members and consumers. Continue reading →

New court ruling is both victory and defeat for NAR and REX

By Andrea V. Brambila | December 21, 2021 - 3:05 pm |December 21, 2021 Uncategorized

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Discount brokerage’s antitrust claims survive after judge concludes REX “plausibly alleges that Zillow changed its websites because of NAR’s rules.” Continue reading →

REX: ‘Outmoded’ real estate rules ‘struck a vein’ with DOJ

By Andrea V. Brambila | October 4, 2021 - 9:00 am |October 4, 2021 Uncategorized

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Brokerage backed by Chris Christie and Jeb Bush says agent steering by commission should “shock the conscience” of anyone interested in equity in housing. Continue reading →

Why REX pays buyer agents and uses MLSs — sometimes

By Andrea V. Brambila | October 1, 2021 - 9:00 am |October 1, 2021 Uncategorized

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REX’s general counsel Michael Toth says the discount brokerage pays buyer agents in at least 40 percent of its list-side transactions. Continue reading →

REX takes new jab at NAR in blistering ‘cartel economics’ attack

By Lillian Dickerson | September 15, 2021 - 4:20 pm |September 15, 2021 Uncategorized

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The discount brokerage struck on Wednesday following the National Association of Realtors’ petition two days earlier to compel the DOJ to uphold its antitrust settlement. Continue reading →

NAR to federal court in REX case: Ignore the DOJ

By Andrea V. Brambila | August 17, 2021 - 1:53 pm |August 17, 2021 Uncategorized

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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 →

Zillow, NAR formed ‘group boycott’ to enforce commission rule: REX

By Andrea V. Brambila | July 21, 2021 - 2:40 pm |July 21, 2021 Uncategorized

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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 →