Federal Judge Thomas Zilly said REX Real Estate’s antitrust allegations against NAR and Zillow are “plausible,” in an order on Thursday. NAR said it will continue to defend itself against REX’s claims. Continue reading
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
The federal agency says NAR can’t use a 2008 consent decree to shield itself from investigation of its rules. Continue reading
National Association of Realtors: “The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure.” Continue reading
In this edition of The Real Word, Byron Lazine and Nicole White discuss the DOJ withdrawing its settlement offer to NAR, the first state in the U.S. to ban homebuyer love letters, and a study that shows what the majority of real estate listings are lac… Continue reading
Agency letter offers first clue that the Clear Cooperation Policy may be part of a “broader investigation” into trade group’s rules. Continue reading
The DOJ has withdrawn from the proposed settlement with NAR, but all that brings to focus is that NAR has been fighting for commission while letting the industry slide in the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
You need to understand what’s happening in your industry. The DOJ’s most recent action seems to be a giant step backward toward any resolution. Here’s what you should know. 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