The DOJ has withdrawn from the proposed settlement with NAR, but all that brings to focus is that NAR has been fighting for commission while letting the industry slide in the public’s opinion thanks to the low barrier of entry, disruptors and focusing … Continue reading
The National Association of Realtors countered that the Consumer Federation of America’s assertions are “wrong and misleading” and “commissions are very much negotiable.” Continue reading
The U.S. Department of Justice just backed out of an antitrust settlement with the National Association of Realtors, suggesting more legal wrangling is on its way. Continue reading
The antitrust regulator said the trade group refused to modify the deal to protect the agency’s ability to investigate other NAR conduct that could impact real estate competition. Continue reading
Compass versus Realogy. Keller Williams versus eXp. REX versus everyone. The real estate industry is full of big names and big feuds, and Inman’s unpacking all of them. Continue reading
Rules regarding public display of buyer broker commissions and lockbox access for non-Realtors were originally slated to take effect by the end of March. Continue reading
The FTC says Mount Diablo Lending and its owner responded to negative reviews by posting consumer’s credit history, debt-to-income ratio and other personal information. Continue reading
Real estate is experiencing its version of cord-cutting, as more consumers go directly to the listing agent to buy a home. Continue reading
The U.S. Department of Justice filed a statement of interest Monday in the Moehrl class action buyer broker commission lawsuit. The statement mirrors one filed last week in the class-action lawsuit filed by Joshua Sitzer and other plaintiffs, and indic… Continue reading
In a new filing Monday, DOJ claims the National Association of Realtors is ‘inaccurately portraying’ a 2008 consent decree in its defense in buy-side commission lawsuit. Continue reading