In a Friday brief, the Department of Justice argued the National Association of Realtors’ pocket listing and commission rules need “to be assessed on their merits” on whether they cost American homebuyers billions of dollars a year. Continue reading
In a “friend of the court” brief, the Chamber said the government should have to keep its promise to not investigate the National Association of Realtors’ commission and pocket listing policies. Continue reading
In a new brief, NAR claims the DOJ’s argument for resuming its probe would “destabilize the law.” The agency has sought to overturn an earlier ruling that quashed a request for more information. Continue reading
The U.S. Department of Justice wants “to resume its consequential investigation of conduct that affects over $100 billion in broker fees paid by Americans annually,” according to an appeal. Continue reading
The antitrust enforcer wants a higher court to overturn a ruling that limits its investigation into the Realtor trade group’s Participation Rule and Clear Cooperation Policy. Continue reading
In an amicus brief filed Monday the antitrust enforcer argues that a lower court incorrectly tossed a case filed by Top Agent Network over the National Association of Realtors’ pocket listing policy. Continue reading
Top Agent Network’s appeal alleges the Clear Cooperation Policy’s goal is to safeguard NAR’s business model, which relies on dues revenue from nearly 1.6 million agents and brokers. Continue reading
The nation’s highest court will not be weighing in on whether the real estate trade group’s Clear Cooperation Policy violates antitrust laws. The case proceeds in a lower court. Continue reading
The lawsuit alleges Compass agent Cory Cooper pressured an elderly homeowner to sell her property off the multiple listing service to a real estate investor he knew. Continue reading
An appeals court allowed The PLS’s case against the Clear Cooperation Policy to proceed in April, but NAR hopes a review from the nation’s highest court will change that. Continue reading