Here’s how to avoid the most-dreaded new agent question

How long have you been an agent? Follow these simple steps on listing appointments to answer the question and turn seller leads into signed listings, writes author and trainer Bernice Ross. Continue reading

Pocket listing suit against NAR ‘paused’ for settlement talks

NAR was dismissed without paying any money or making any rule changes, but The PLS says it can reopen the case if they don’t come to a deal. Continue reading

US Supreme Court denies NAR petition in pocket listing case

The nation’s highest court will not be weighing in on whether the real estate trade group’s Clear Cooperation Policy violates antitrust laws. The case proceeds in a lower court. Continue reading

The PLS to Supreme Court: Deny NAR petition in pocket listing suit

In a new brief, the former pocket listing service argues that NAR limited competition to its Realtor-affiliated MLSs “by conspiring to destroy the livelihood of any dissenting real estate agent.” Continue reading

NAR asks US Supreme Court to overturn pocket listing ruling

An appeals court allowed The PLS’s case against the Clear Cooperation Policy to proceed in April, but NAR hopes a review from the nation’s highest court will change that. Continue reading

Appeals court deals blow to NAR, allows pocket listing suit to continue

Three-judge panel concludes trade group must face allegations that the Clear Cooperation Policy was part of a group boycott to prevent The PLS from competing with MLSs, leaving agents with fewer choices, inflated prices and lower-quality products. Continue reading

DOJ to appear in court in appeal of pocket listing lawsuit against NAR

The agency, which is currently investigating the trade association’s Clear Cooperation Policy, says it’s defending its interest in the application of antitrust laws to the real estate industry. Continue reading

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

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

DOJ: Pocket listing suit against NAR shouldn’t have been thrown out

The Department of Justice and The PLS argue that lower court should have considered Clear Cooperation Policy’s impact on brokers who directly purchase access to listing services, not on buyers and sellers. Continue reading

Share of mortgages in forbearance drop 3 points at end of February

The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to 7.28 percent of loans in forbearance. Continue reading