In a Friday brief, the Department of Justice argued the National Association of Realtors’ pocket listing and commission rules need “to be assessed on their merits” on whether they cost American homebuyers billions of dollars a year. Continue reading
At Inman CEO Connect, Russ Cofano, James Dwiggins and Greg Robertson debated the changes that agents and brokers may see as a result of homeseller lawsuits and government interference. Continue reading
At Inman Connect Las Vegas, real estate broker and attorney Kendall Bonner urged the industry to be proactive instead of waiting to be legally “bullied” into change. Continue reading
In a “friend of the court” brief, the Chamber said the government should have to keep its promise to not investigate the National Association of Realtors’ commission and pocket listing policies. Continue reading
In a new brief, NAR claims the DOJ’s argument for resuming its probe would “destabilize the law.” The agency has sought to overturn an earlier ruling that quashed a request for more information. Continue reading
Helping your clients understand the psychology of a changing market will make the job of selling their home much easier, writes trainer Bernice Ross. Continue reading
The Sitzer/Burnett antitrust case is set to begin Oct. 16 but could be moved to February. The court denied the franchisor’s request to change the date because it conflicts with KW’s Family Reunion. Continue reading
Agents with five or fewer sales a year took in an estimated 25-30 percent of all commission income in three disparate markets, according to an analysis of MLS data by the Consumer Federation of America. Continue reading
Homesellers plan to use funds from MLS PIN, the largest multiple listing service in New England, to continue antitrust litigation against Anywhere, Keller Williams, RE/MAX and HomeServices. Continue reading
The U.S. Department of Justice wants “to resume its consequential investigation of conduct that affects over $100 billion in broker fees paid by Americans annually,” according to an appeal. Continue reading