Tag Archives: Antitrust

Judge halts commission-sharing case alleging inflated buyer costs

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Unlike two federal cases that claim seller costs are inflated by commission sharing, New Jersey homebuyer’s lawsuit argued that buyers are the ones unfairly impacted. Continue reading →

Watchdog calls for ban on sellers offering buyer agent commissions

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In a new report alleging the majority of commissions are nearly identical in 35 U.S. cities, the Consumer Federation of America said offers to buyer agents should be legally prohibited. Continue reading →

‘Writing is on the wall’: Court tosses NAR counterclaim against REX

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Judge finds the National Association of Realtors failed to allege facts to show how the discount brokerage specifically harmed the trade group’s reputation with its own members and consumers. Continue reading →

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

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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 →

‘Brain exploding!’: Agents, brokers torn over commission suit ruling

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Agents and brokers told Inman they’re reeling over a federal court’s decision to grant class action status in a commission suit that could rock the real estate industry by changing how they’re paid. Continue reading →

Federal commission suit now a class action; NAR, Realogy vow to appeal

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A U.S. District Court judge granted class certification in one of two federal commission lawsuits that could rock the real estate industry and impact how agents are compensated nationwide. Continue reading →

Gary Keller singled out as ‘head of conspiracy’ as federal commission lawsuit accelerates

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As oral arguments began Monday in the federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR’s commission policy would look like and why they believe Keller is leading an antitrust conspiracy. Continue reading →

New court ruling is both victory and defeat for NAR and REX

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Discount brokerage’s antitrust claims survive after judge concludes REX “plausibly alleges that Zillow changed its websites because of NAR’s rules.” Continue reading →

From hate speech to antitrust: The year in MLSs and associations

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2021 came with Realtor misbehavior, rising legal and regulatory scrutiny and MLSs becoming tech investors after Zillow’s acquisition of ShowingTime. Continue reading →