Tag Archives: Department of Justice

From hate speech to antitrust: The year in MLSs and associations

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2021 came with Realtor misbehavior, rising legal and regulatory scrutiny and MLSs becoming tech investors after Zillow’s acquisition of ShowingTime. Continue reading →

Real estate in 2021 was weird, wild and always unpredictable

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The year saw explosive rivalries, wild stock market performances and plenty of rage. Continue reading →

LA broker sentenced to 10 years for role in pandemic relief scheme

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Tamara Dadyan got 10 years in prison for her role in a scheme to apply for COVID-19 small business loans under fake or stolen identities. Continue reading →

DOJ to appear in court in appeal of pocket listing lawsuit against NAR

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The agency, which is currently investigating the trade association’s Clear Cooperation Policy, says it’s defending its interest in the application of antitrust laws to the real estate industry. 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 →

What to expect at NAR’s Realtors Conference & Expo this week

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Olympic gymnast Simone Biles and former NFL quarterback Drew Brees to speak at Realtors Conference & Expo in San Diego, plus much, much more. 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 →

Buyer commissions in — lockboxes out — when NAR votes next month

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The trade group will weigh whether to require multiple listing services to allow agents and brokers to display buyer agent compensation, but it won’t consider change to lockbox policy. Continue reading →

Commission rules, lockbox access chief among threats to industry

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At Coldwell Banker’s Gen Blue Experience event, Kalama Kim predicted that everything from a DOJ antitrust case to “marginal agents” could soon upend the real estate industry. 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 →