Tag Archives: Department of Justice

REX: ‘Outmoded’ real estate rules ‘struck a vein’ with DOJ

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Brokerage backed by Chris Christie and Jeb Bush says agent steering by commission should “shock the conscience” of anyone interested in equity in housing. Continue reading →

REX CEO calls on NAR to repeal ‘anti-consumer’ rules at conference

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In an open letter, Ryan alleges the National Association of Realtors’ rules prevent hundreds of thousands of Americans from attaining homeownership. He called on NAR to repeal the rules at its Realtors Conference and Expo in San Diego in November. Continue reading →

Opendoor and FTC still at odds over iBuyer’s advertising

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Regulator threatened “enforcement action” related to allegedly “inaccurate” or “inadequately substantiated” advertising claims if settlement talks fail. Continue reading →

NAR is fighting a losing battle against the feds

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Now is the time to unwind the messy set of industry practices at the crux of this fight and bring transparency, fairness and clarity to real estate transactions. Continue reading →

NAR vs. DOJ: A timeline of the battle as it stretches into 4th year

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An analysis of the association’s petition offers a step-by-step timeline of the events leading up to the DOJ’s launch of a new probe into NAR rules. Continue reading →

NAR fights back against DOJ efforts to withdraw antitrust settlement

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The trade group accused the Justice Department of reneging on a binding agreement. NAR also said it had already begun implementing policies based on its DOJ settlement. Continue reading →

NAR to federal court in REX case: Ignore the DOJ

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REX calls out NAR for alleged “false assertions” while NAR alleges REX is blaming others for its “business shortcomings” and that “consumers are not interested” in REX’s services Continue reading →

DOJ intervenes in REX antitrust suit against NAR and Zillow

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The federal agency says NAR can’t use a 2008 consent decree to shield itself from investigation of its rules. Continue reading →

3 ways Biden could change real estate

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Real estate experts share how President Biden’s latest executive order could impact real estate from licensing to noncompete agreements to antitrust lawsuits. Continue reading →

DOJ hints NAR’s pocket listing policy may be in its crosshairs

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Agency letter offers first clue that the Clear Cooperation Policy may be part of a “broader investigation” into trade group’s rules. Continue reading →