In a statement sent to NAR members, Kevin Sears confirmed executives of the trade organization met with Assistant Attorney General Jonathan Kanter last week to discuss settlement updates. Continue reading
Effective immediately, listing brokers and agents can submit for-sale listings to the MLS without offering any cooperating compensation to the buyer broker. Continue reading
NAR’s landmark settlement bars sellers’ agents from offering commissions to buyers’ agents in the MLS. A batch of new companies are stepping in to fill the void. Continue reading
Attorneys for the plaintiffs in a case now known as Moratis stress that NAR’s proposed settlement won’t stop “a key element of the antitrust conspiracy” and might take years to go into effect. Continue reading
The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the U.S. Department of Justice. Continue reading
The U.S. Department of Justice on Monday argued NAR “does not identify any errors of law or fact meriting panel rehearing” over whether the antitrust enforcer can reopen its probe into NAR rules. Continue reading
At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Mark your calendars: The U.S. Department of Justice will… Continue reading
MLS PIN on Monday urged a district court to reject the Department of Justice’s arguments against a settlement with homeseller plaintiffs in the Nosalek antitrust commission case. Continue reading
Investigators searched the company’s office as part of an inquiry into alleged apartment price-fixing in the multifamily industry. Continue reading
Plaintiffs’ lawyer Michael Ketchmark vowed legal action to enforce deal: “Anyone who thinks they can send a few emails or bury their head in the sand and avoid the application of the law is wrong.” Continue reading