Judge won’t approve MLS PIN commission deal without changes

U.S. District Judge Patti Saris asked the DOJ Antitrust Division for evidence that offers of compensation in the MLS are anticompetitive and harm consumers. Continue reading

Sellers, MLS PIN slam DOJ claims in Nosalek case: ‘DOJ is simply wrong’

Plaintiffs and defendant MLS Property Information Network agree that approximately 75 percent of sellers are opting out of offering compensation to buyer agents in the multiple listing service. Continue reading

Sellers, MLS PIN slam DOJ claims in Nosalek case: ‘DOJ is simply wrong’

Plaintiffs and defendant MLS Property Information Network agree that approximately 75 percent of sellers are opting out of offering compensation to buyer agents in the multiple listing service. Continue reading

DOJ signals Clear Cooperation alone may not be anticompetitive

A Department of Justice footnote filed on Monday in the Nosalek commission lawsuit suggests some industry leaders may have misinterpreted earlier DOJ messaging. Continue reading

Real estate’s antitrust woes may continue during Trump’s 2nd term

The real estate industry has been drowning under antitrust lawsuits and complaints regarding its commission and pocket listing rules. Some hope Trump will bring a lighter hand to antitrust, but his nominees for Attorney General and Assistant AG suggest… Continue reading

Trump’s AG pick promises to pursue antitrust enforcement

Bondi affirmed that the enforcement of antitrust laws would be a “priority” for her as Attorney General, which suggests that the real estate industry should be prepared for investigations into its practices to continue in full force. Continue reading

Realtor.com CEO Damian Eales sees a silver lining in portal wars

Ahead of his second Inman Connect New York appearance this January, Eales dished on Clear Cooperation, housing affordability and the bright side of Realtor.com’s ongoing feud with CoStar. Continue reading

Redfin CEO says ‘change is good’ in blog about commissions

Two days before the implementation of new cooperative compensation rules, Redfin CEO Glenn Kelman explained what the changes will mean for consumers and the industry at-large. Continue reading

More homebuyers sue to upend how real estate agents get paid

At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. It’s not just homesellers who are upset about the … Continue reading

MLS PIN, Nosalek plaintiffs seek to delay DOJ response after NAR deal

They asked the court for more time to analyze the impact on their proposed settlement of NAR’s proposed rule change banning the MLS display of commissions offered to buyer brokers. Continue reading