Umansky threatens to sue NAR as pocket listing pressure mounts

The Agency CEO and founder said he plans to revive a lawsuit against NAR over a pocket listing network. The threat came days after NAR officials convened to reevaluate Clear Cooperation. Continue reading

Clear Cooperation takes center stage, faces pressure to change

Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules. Continue reading

Homie sues NAR and others, alleging boycott and conspiracy

The suit accuses NAR and major franchisors of breaking antitrust laws. The company’s complaint includes alleged text messages in which agents refused to show Homie listings. Continue reading

Compass CEO: Clear cooperation is ‘anti-homeowner’

Robert Reffkin on Wednesday said clear cooperation attaches “negative insights” to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed. Continue reading

Court revives antitrust claims against NAR in pocket listing suit

Judge says Top Agent Network “adequately alleged” NAR’s Clear Cooperation Policy is a “group boycott.” Meanwhile, NAR signals it may be open to repealing the rule. Continue reading

Pocket listing suit against NAR ‘paused’ for settlement talks

NAR was dismissed without paying any money or making any rule changes, but The PLS says it can reopen the case if they don’t come to a deal. Continue reading

Appeals court weighs DOJ push to reopen NAR commission rule probe

A three-judge panel for the Washington, D.C., circuit seemed inclined to let the agency resume its probe into the National Association of Realtors’ cooperative compensation and pocket listing rules. Continue reading

Stakes are incalculable for NAR as bombshell commission trial looms

Next week’s long-anticipated Sitzer/Burnett commission trial is only the most immediate threat to real estate’s most powerful trade organization as it navigates a series of existential challenges. Continue reading

Pocket listings are thriving 4 years after NAR sought to end practice

Pocket listings are positively overflowing nearly four years after the National Association of Realtors enacted its controversial Clear Cooperation policy to end them, a new Intel analysis shows. Continue reading

NAR notches loss as appeals court revives pocket listing antitrust suit

Top Agent Network’s case against the National Association of Realtors’ Clear Cooperation Policy will move forward after the Ninth Circuit court ruled to overturn a lower court ruling on Monday. Continue reading