The U.S. Department of Justice wants “to resume its consequential investigation of conduct that affects over $100 billion in broker fees paid by Americans annually,” according to an appeal. Continue reading
The antitrust enforcer wants a higher court to overturn a ruling that limits its investigation into the Realtor trade group’s Participation Rule and Clear Cooperation Policy. Continue reading
The National Association of Realtors’ latest volley in its case against the U.S. Department of Justice includes images from Merriam-Webster’s dictionary that define the words “close” and “open” — a stark example of how far apart the two sides are as th… Continue reading
In court filings, regulator says rules “restrict how real estate agents can market properties, dictate how real estate commissions are set, and impede commission negotiations.” Continue reading
An analysis of the association’s petition offers a step-by-step timeline of the events leading up to the DOJ’s launch of a new probe into NAR rules. Continue reading
In a 418-page petition filed Monday, NAR contends the antitrust regulator swiftly reopened its investigation into the Clear Cooperation Policy and buyer broker commissions in July. Continue reading