DOJ to NAR: Increased competition could save consumers billions

In court filings, regulator says rules “restrict how real estate agents can market properties, dictate how real estate commissions are set, and impede commission negotiations.” Continue reading

NAR to consider listing attribution, DOJ-inspired policies at next event

Lockbox access for non-Realtors and public displays of buyer broker commissions may be added to the list of proposals to be voted on at Realtors Conference and Expo in November. Continue reading

DOJ files statement of interest in larger buyer broker lawsuit

The U.S. Department of Justice filed a statement of interest Monday in the Moehrl class action buyer broker commission lawsuit. The statement mirrors one filed last week in the class-action lawsuit filed by Joshua Sitzer and other plaintiffs, and indic… Continue reading

NAR: Commission lawsuits could be ‘disastrous’ for both buyers and sellers

How should the industry make agent commission structures more transparent before angry consumers and the Justice Department forces it to do so in ways that might be harmful? Continue reading