New Alabama law allows buyers to tour homes without contract

Alabama Association of Realtors CEO Jeremy Walker said the association was in favor of buyer-broker agreements in general, but felt that requiring one for a home tour put buyers under unnecessary duress, and that the new law would be in the consumer’s … Continue reading

Ousted CEO speaks, merger rumors, DOJ weighs in: Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Judge allows Hanna Holdings buy-side commission case to continue

Homebuyer plaintiffs allege Hanna Holdings conspired to inflate commissions and that buyers are ultimately the ones who pay through higher home prices. A mixed ruling on Tuesday will allow case to move forward. 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

Reffkin slams MLS ‘monopoly’ amid Clear Cooperation debate

Compass CEO Robert Reffkin argued against Clear Cooperation Wednesday during an Inman on Tour session in Nashville while warning that “data is the new oil” amid predictions of a national MLS. Continue reading

REX loses appeal in long-running lawsuit against NAR, Zillow

Judges rule the now-defunct real estate brokerage did not provide evidence of “concerted action” between NAR and Zillow and that the no-commingling rule was “in fact” optional. Continue reading

Robert Reffkin nods to Gary Keller in latest Clear Cooperation critique

Compass CEO Robert Reffkin lays out 10 questions his agents are asking in the wake of NAR’s commission settlement in his latest argument in favor of consumer choice and against CCP. Continue reading

Democrats reintroduce bill to expose rental algorithms

Minnesota Senator Amy Klobuchar has reintroduced the Preventing Algorithmic Collusion Act, inspired by the Department of Justice’s RealPage investigation. Continue reading

A broker left out of NAR settlement gets candid: ‘I’m still pissed’

First Team CEO Michele Harrington’s company just settled a commission suit. But while speaking to Inman, she was critical of the way the suits, and NAR’s involvement, have played out. Continue reading

Appeals court will let DOJ speak in REX case against NAR, Zillow

Attorney Alice A. Wang of the DOJ’s Antitrust Division will appear at oral arguments in the U.S. Court of Appeals for the Ninth Circuit on Feb. 13. Continue reading