Tag Archives: Antitrust

Weichert and eXp continue fight against Gibson commission claims

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As the brokerages try to fend off allegations of a “sweetheart deal” in a separate case, they respond to the antitrust complaint they’re facing in a Missouri court. Continue reading →

Sibcy Cline settlement makes it past 1st round in court

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Judge Stephen R. Bough of the U.S. District Court for the Western District of Missouri granted preliminary approval to the $895,000 deal, finding it “fair, reasonable and adequate.” Continue reading →

NAR pulls the plug on its annual tech conference

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The Innovation, Opportunity & Investment (iOi) Summit will “evolve” to provide year-round education, while signature events will move to other NAR conferences. Continue reading →

Commission plaintiffs sue Sibcy Cline — and settle for nearly $1M

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The independent, Ohio-based brokerage will pay $895,000 to settle a lawsuit known as Keel after its lead plaintiff, bringing the total settlement fund for plaintiffs in the case to $11.5 million. Continue reading →

Commission settlement against Side and others gets first approval

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In addition to Side, the fast-moving case — known as Keel for its lead homeseller — names as defendants Washington Fine Properties, Seven Gables Real Estate, Brooklyn New York MLS and others. Continue reading →

Crye-Leike alleges coverage under NAR deal despite industry ranking

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Despite its ranking as the 31st largest brokerage in the T3 Sixty Real Estate Almanac for more than $7 billion in sales volume in 2022, Crye-Leike says Gibson suit shouldn’t be allowed to proceed. Continue reading →

Texas-based mega MLS will no longer require Realtor membership

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The Austin Board of Realtors’ Unlock MLS will offer non-Realtor subscriptions starting June 1. Continue reading →

Appeals court will let DOJ speak in REX case against NAR, Zillow

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Attorney Alice A. Wang of the DOJ’s Antitrust Division will appear at oral arguments in the U.S. Court of Appeals for the Ninth Circuit on Feb. 13. Continue reading →

High-profile real estate companies take aim at Gibson commission suit

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Berkshire Hathaway Energy, Windermere, Hanna Holdings, EXIT Realty, William Raveis and Crye-Leike all denied antitrust allegations against them in new court filings submitted Monday. Continue reading →

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 →