Tag Archives: civil investigative demand

Federal court rules in favor of NAR in longtime DOJ probe

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District court judge sets aside DOJ demand for information from the NAR on buyer broker commission and pocket listing rules. Continue reading →

NAR relies on the dictionary in its latest volley against the DOJ

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The National Association of Realtors’ latest volley in its case against the U.S. Department of Justice includes images from Merriam-Webster’s dictionary that define the words “close” and “open” — a stark example of how far apart the two sides are as th… Continue reading →

DOJ to NAR: Increased competition could save consumers billions

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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 →

‘This is not a blip’: Antitrust experts warn RE leaders to work with DOJ

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The Council of Multiple Listing Services panelists warned real estate leaders and MLS members, “It’s better to be part of the process … than having the rules written for you.” Continue reading →

Opendoor and FTC still at odds over iBuyer’s advertising

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Regulator threatened “enforcement action” related to allegedly “inaccurate” or “inadequately substantiated” advertising claims if settlement talks fail. Continue reading →

DOJ quietly resumed NAR probe days after settlement withdrawal

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In a 418-page petition filed Monday, NAR contends the antitrust regulator swiftly reopened its investigation into the Clear Cooperation Policy and buyer broker commissions in July. Continue reading →

Bombshell suit against real estate firms could get even bigger

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Three additional plaintiffs have been added to a lawsuit involving the sharing of commissions between listing and buyer brokers. Continue reading →