Judge won’t approve MLS PIN commission deal without changes

U.S. District Judge Patti Saris asked the DOJ Antitrust Division for evidence that offers of compensation in the MLS are anticompetitive and harm consumers. Continue reading

Sellers, MLS PIN slam DOJ claims in Nosalek case: ‘DOJ is simply wrong’

Plaintiffs and defendant MLS Property Information Network agree that approximately 75 percent of sellers are opting out of offering compensation to buyer agents in the multiple listing service. Continue reading

Sellers, MLS PIN slam DOJ claims in Nosalek case: ‘DOJ is simply wrong’

Plaintiffs and defendant MLS Property Information Network agree that approximately 75 percent of sellers are opting out of offering compensation to buyer agents in the multiple listing service. Continue reading

DOJ raises concerns with Nosalek settlement in latest court filing

A Supplemental Statement of Interest filed on Monday by the U.S. Department of Justice argued that the settlement only offers “cosmetic changes” to MLS PIN’s agent compensation rules. Continue reading

MLS PIN pushes back against DOJ in advance of settlement hearing

The court will consider approving the latest deal in the case, which allows commission sharing in the multiple listing system. Continue reading

MLS PIN forges ahead with rule changes over DOJ objections

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

Judge denies stay order after plaintiffs argue against NAR deal

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

Broker-owned MLSs have forked over millions under NAR opt-in deal

The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors’ commission settlement, according to a new Inman analysis. Continue reading

Mark your calendars: DOJ set to weigh in on multiple antitrust cases

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

Proposed DOJ ban on commission offers against the law, MLS says

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