Tag Archives: antitrust lawsuit

Broker alleges NAR rules ‘forced’ her to pay for inactive agents

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In an updated antitrust complaint, a broker takes aim at NAR’s three-way agreement and other membership rules. Continue reading →

DOJ adds major landlords to antitrust lawsuit against RealPage

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Greystar Real Estate Partners, Blackstone’s LivCor and Cushman & Wakefield are among the institutional landlords accused of fixing rental prices — to the detriment of “millions” of renters. Continue reading →

7 elements for crafting airtight contracts in a post-Sitzer world

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As real estate continues to evolve in a post-Sitzer | Burnett era, contract documents are likely to be refined and modified to reflect current trends, broker Cara Ameer writes. Continue reading →

What’s your biggest takeaway 1 year after the Sitzer verdict? Pulse

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Now that a year has passed, what’s your biggest lesson learned since the Sitzer | Burnett verdict? How has your business changed, and have those changes been positive overall? Continue reading →

Zillow finalizes lawsuit settlement with ARMLS, Metro MLS

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Residential portal behemoth Zillow has settled its antitrust lawsuit against Arizona Regional Multiple Listing Service, Multiple Listing Service, Inc., over discontinuing its integration with ShowingTime+ in favor of MLS Aligned’s listing platform. Continue reading →

Agent training, objection scripts on trial as Sitzer | Burnett ends Day 3

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On Day 2 of witness testimony Wednesday, attorney Michael Ketchmark narrowed in on training materials and presentation slides he alleged violated antitrust policies held by the defendants. Continue reading →

Gary Keller, Bob Goldberg among first to testify in Sitzer | Burnett

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As the long-awaited commission trial begins, the Kansas City courtroom saw opening arguments followed by testimony from industry heavy-hitters including Gary Keller, NAR CEO Bob Goldberg and HomeServices of America President and CEO Gino Blefari. Continue reading →

REX pivots to single-family rental market as its Hail Mary

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Nearly two weeks after mass agent layoffs and the closure of two offices, controversial discount brokerage REX has yet to throw in the towel. Continue reading →

Court tosses REX antitrust suit against Oregon anti-rebate law

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Judge said discount brokerage had made ‘compelling arguments’ that law hurts consumers and artificially inflates home prices, but that states are immune from federal antitrust laws. Continue reading →

Commission rules, lockbox access chief among threats to industry

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At Coldwell Banker’s Gen Blue Experience event, Kalama Kim predicted that everything from a DOJ antitrust case to “marginal agents” could soon upend the real estate industry. Continue reading →