Tag Archives: Antitrust

MLS PIN pushes back against DOJ in advance of settlement hearing

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The court will consider approving the latest deal in the case, which allows commission sharing in the multiple listing system. Continue reading →

71% of real estate agents didn’t close any deals last year

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At Inman Connect New York, Redfin’s Joe Rath broke down the views of active agents in the industry, who make up less than a third of all Realtors. Continue reading →

Real estate lawyers take big stand against agent commission sharing

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CRMLS General Counsel Ed Zorn and Leading Real Estate Companies of the World Chief Legal Officer Jessica Edgerton warned agents not to fall back on old practices, like sharing commissions. Continue reading →

How to take advantage of ‘the new normal’ post-NAR settlement

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At Inman Connect New York, Kendall Bonner, Russ Cofano and Christine Jacobson urged agents to change how they communicate their value. Continue reading →

NAR hires insider as ‘first-ever’ senior VP of industry relations

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Jarrod Grasso will lead the trade group’s efforts to “deepen engagement with state and local associations, MLS executives and other critical industry partners.” Continue reading →

Lawsuit between NAR, Top Agent Network dismissed — again

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TAN and NAR have agreed to dismiss their lawsuit, according to court documents filed on Monday. However, Top Agent Network can re-file charges or bring the case to another court in the future. Continue reading →

Supreme Court denies NAR’s appeal request in DOJ case

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The Supreme Court didn’t explain its reasoning for the decision, which will now allow the Department of Justice to reopen its investigation into the association’s cooperative compensation rule. Continue reading →

Judge orders eXp to turn over ‘sweetheart deal’ negotiation docs

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Court probes “reverse auction” allegations while plaintiffs seek preliminary approval of deals with eXp Realty, Weichert, Mark Spain Real Estate and Atlanta Communities Real Estate. Continue reading →

DOJ asks appeals court to speak in REX case against NAR, Zillow

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Attorneys for the DOJ’s Antitrust Division on Wednesday submitted a request to provide an oral argument alongside REX, Zillow and NAR in the U.S. Court of Appeals for the Ninth Circuit on Feb. 13. Continue reading →

Former Realtor president sues NAR over 3-way agreement

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Agent Preston Moore decried his suspension following an ethics investigation he alleges was discriminatory and said he was “forced” to belong to NAR for MLS access. Continue reading →