Tag Archives: Antitrust

4 ways to improve real estate as bombshell commission suits sizzle

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At Inman Connect Las Vegas, real estate broker and attorney Kendall Bonner urged the industry to be proactive instead of waiting to be legally “bullied” into change. Continue reading →

ICE’s Black Knight acquisition nears resolution of antitrust issues

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“Significant progress” in Federal Trade Commission negotiations have been reported since Black Knight’s Empower loan origination system and Optimal Blue division were cut from the deal. Continue reading →

Judges deny HomeServices appeal, clearing way for October Sitzer trial

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The ruling against HomeServices of America in federal court on Wednesday sets the stage for a likely Oct. 16 start for the first of two highly anticipated bombshell commission trials later this year. Continue reading →

Chamber of Commerce goes to bat for NAR in face of ‘unfair’ DOJ probe

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In a “friend of the court” brief, the Chamber said the government should have to keep its promise to not investigate the National Association of Realtors’ commission and pocket listing policies. Continue reading →

‘Alarming’: NAR slams DOJ effort to resume commission investigation

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In a new brief, NAR claims the DOJ’s argument for resuming its probe would “destabilize the law.” The agency has sought to overturn an earlier ruling that quashed a request for more information. Continue reading →

Bright MLS breaks with NAR policy on commissions

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Starting Aug. 9, the nation’s second-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright. Continue reading →

Keller Williams says ruling could hurt its defense in commission trial

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The Sitzer/Burnett antitrust case is set to begin Oct. 16 but could be moved to February. The court denied the franchisor’s request to change the date because it conflicts with KW’s Family Reunion. Continue reading →

MLS turns back on franchisors after settling commission case for $3M

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Homesellers plan to use funds from MLS PIN, the largest multiple listing service in New England, to continue antitrust litigation against Anywhere, Keller Williams, RE/MAX and HomeServices. Continue reading →

DOJ will weigh in at appeals court during NAR pocket listing dispute

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The antitrust enforcer will get 5 minutes at oral arguments in Top Agent Network’s appeal to overturn a lower court ruling tossing its case against NAR’s Clear Cooperation Policy. Continue reading →

DOJ: NAR commission and pocket listing investigation should resume

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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 →