Tag Archives: MLS & Associations

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 →

California Regional MLS bakes in Down Payment Resource tool

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Hundreds of millions of dollars in down payment assistance is available nationwide, according to CRMLS and DPR. Continue reading →

NAR to consider listing attribution, DOJ-inspired policies at next event

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Lockbox access for non-Realtors and public displays of buyer broker commissions may be added to the list of proposals to be voted on at Realtors Conference and Expo in November. 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 →

DOJ quietly resumed NAR probe days after settlement withdrawal

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In a 418-page petition filed Monday, NAR contends the antitrust regulator swiftly reopened its investigation into the Clear Cooperation Policy and buyer broker commissions in July. Continue reading →

Top Agent Network appeals dismissal of NAR antitrust suit

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Lower court suggested TAN was the wrong plaintiff to bring suit because its business model is itself allegedly anticompetitive, but TAN says the court’s order was “erroneous.” Continue reading →

Broker sues NAR, claims listing agent omission violates antitrust

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Arizona broker Grady Hillis objects to rules prohibiting listing broker and agent contact information in public remarks and restricting access to lockboxes to Realtors. Continue reading →