DOJ: Tossing pocket listing suit prevents competition with MLSs

In an amicus brief filed Monday the antitrust enforcer argues that a lower court incorrectly tossed a case filed by Top Agent Network over the National Association of Realtors’ pocket listing policy. Continue reading

DOJ asks to interfere in TAN pocket listing case against NAR

Top Agent Network’s appeal alleges the Clear Cooperation Policy’s goal is to safeguard NAR’s business model, which relies on dues revenue from nearly 1.6 million agents and brokers. 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

Widow sues Compass for alleged abuse in pocket listing sale

The lawsuit alleges Compass agent Cory Cooper pressured an elderly homeowner to sell her property off the multiple listing service to a real estate investor he knew. 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

MLS-listed homes sell for more, a new study claims. But there’s 1 twist

Critics raise issues over conclusion that listing homes on the MLS is what caused higher sales prices and faster transactions, especially if NAR rules mean MLSs have a thumb on the scale. Continue reading

NAR heads into midyear gathering while under siege on multiple fronts

The National Association of Realtors, which boasts 1.5 million members, will tackle real estate’s hottest topics a week after suffering a series of legal setbacks in court. Here’s a breakdown of the agenda. 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

A comprehensive guide to finding inventory in today’s market

Inman has created an extensive resource for ways to find inventory — from old-school methods to more creative approaches — when it seems like there’s nothing left on the shelves. Continue reading

The biggest questions and answers about portals ditching crime data

Redfin, Trulia and realtor.com have all vowed to not use crime data going forward. The companies’ stands are now prompting a debate in the industry. Continue reading