DOJ intervenes in REX antitrust suit against NAR and Zillow

The federal agency says NAR can’t use a 2008 consent decree to shield itself from investigation of its rules. Continue reading

Dueling NAR and REX op-eds hint that DOJ will target commissions

National Association of Realtors: “The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure.” Continue reading

Zillow, NAR formed ‘group boycott’ to enforce commission rule: REX

On Monday, REX alleged that the National Association of Realtors and Zillow use NAR’s segregation rule to hinder competitors who don’t comply with NAR’s commission rule. Continue reading

3 ways Biden could change real estate

Real estate experts share how President Biden’s latest executive order could impact real estate from licensing to noncompete agreements to antitrust lawsuits. Continue reading

DOJ hints NAR’s pocket listing policy may be in its crosshairs

Agency letter offers first clue that the Clear Cooperation Policy may be part of a “broader investigation” into trade group’s rules. Continue reading

Zillow, NAR slam REX’s alleged use of antitrust as a business strategy

Real estate giants Zillow and the National Association of Realtors are attempting to get an antitrust lawsuit filed by REX Real Estate tossed, hitting back against the discount brokerage’s allegations that it is the target of an illegal boycott. … Continue reading

NAR ‘cut a deal’ with Trump DOJ to undermine commission suits: CFA

The National Association of Realtors countered that the Consumer Federation of America’s assertions are “wrong and misleading” and “commissions are very much negotiable.” Continue reading

BREAKING: Justice Department withdraws from settlement with the National Association of Realtors

The antitrust regulator said the trade group refused to modify the deal to protect the agency’s ability to investigate other NAR conduct that could impact real estate competition. Continue reading

With new FTC chair, expect greater scrutiny on the real estate industry

Lina Khan’s appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation. 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