Tag Archives: Antitrust

NAR president: DOJ thinks Realtors ‘make too much money’

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At NAR’s midyear conference, Kevin Sears told brokers he was “cautiously optimistic” about improving the trade group’s relationship with the antitrust enforcer. Continue reading →

DOJ signals withdrawal of MLS PIN settlement objection in Nosalek

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The fourth amended settlement, if approved, would prohibit offers of cooperative compensation on MLS PIN’s platform and raises the total proposed settlement fund from $3 million to $3.95 million. Continue reading →

How this ‘Truman Show’ moment may unravel NAR’s settlement

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Tanya Monestier’s appeal to the commission settlement isn’t just a legal challenge, compliance expert Summer Goralik writes. It’s a reality check the industry didn’t see coming. Continue reading →

Howard Hanna CEO rejects ‘the edicts of organized real estate’

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In an exclusive interview with Inman, Hoby Hanna said “blindly adopting” NAR’s nationwide MLS policies risks more antitrust litigation — and his company “can’t continue” to comply with CCP. Continue reading →

Howard Hanna in open rebellion against Clear Cooperation Policy

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CEO Hoby Hanna sent a letter to NAR and the more than 70 MLSs the major real estate brokerage belongs to informing them that it will no longer consider itself bound by the policy. Continue reading →

NAR’s new law firm for antitrust suits charges up to $3K an hour

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The trade group has replaced Cooley with Quinn Emanuel Urquhart & Sullivan in the Moehrl and Gibson cases, a law firm that has represented NAR for years in other antitrust cases. Continue reading →

Howard Hanna CEO threatens to leave MLS: ‘The world has changed’

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Howard Hanna’s CEO Howard “Hoby” Hanna envisions offering “a deeper level of retail experience” after the NAR rule change, but chafes at the trade group “telling us how to operate our business.” Continue reading →

Biggest MLS in the nation rejects NAR ‘Delayed Marketing’ policy

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California Regional MLS said in a statement that the new Multiple Listing Options for Sellers policy, which NAR states is mandatory, was created to “placate” complaining brokerages. Continue reading →

Hanna Holdings lawyers dispute judge’s recollection in recusal spat

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Judge Stephen Bough refused to recuse himself from a case involving Hanna Holdings, saying their attorneys already had a chance to flag an apparent conflict. Hanna attorneys say it’s not true. Continue reading →

After pause, Utah MLS resumes Clear Cooperation enforcement

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The Utah-based Realtor association has adopted Delayed Marketing Exempt Listings, introduced under NAR’S Multiple Listing Options for Sellers Policy. Continue reading →