Senators Elizabeth Warren and Ron Wyden are asking the DoJ and FTC to “thoroughly investigate” the pending deal, which they claim would “entrench existing antitrust and price manipulation concerns that have been at the center of mounting litigation.” Continue reading
After the National Association of Realtors failed to pass a broad referral disclosure requirement, some major real estate players are embracing transparency on their own. Continue reading
Attorneys for Redfin called Compass’ request for documents related to its stalled private listings ban amounted to a “fishing expedition.” A judge later denied Compass’ request. Continue reading
Battles among real estate heavyweights make the market less transparent and harder to navigate for the people we’re supposed to be helping, Troy Palmquist writes. Continue reading
CEO Robert Reffkin said the real estate brokerage doesn’t consider ‘any national NAR MLS rule impacting clients as binding,’ but will continue to train agents to comply with local MLS rules Continue reading
Amid private listing debates and portal wars, agents should be asking one question: How does my business benefit from the outcome? Continue reading
The antitrust suit, filed Monday in the Southern District of New York, accuses Zillow of using anticompetitive behavior to “protect its monopoly and revenues in violation of the antitrust laws.” Continue reading
In an exclusive interview with Inman, Hoby Hanna said “blindly adopting” NAR’s nationwide MLS policies risks more antitrust litigation — and his company “can’t continue” to comply with CCP. Continue reading
Michael Liebowitz argued at Inman On Tour Miami that real estate agents’ job is to educate consumers and help them understand risks — but that those consumers should still have a choice in how they market their homes. Continue reading
The company reported having 81,904 agents at the end of the first quarter amid an ongoing slide in headcount. It also reported its agents sold 2 percent fewer homes in the quarter compared to a year ago. Continue reading