NAR launches website to enlist Realtors in ‘court of public opinion’

The National Association of Realtors’ legal team says members can help the trade group fight its antitrust war while the association fends off the DOJ, REX and various commission lawsuits. Continue reading

Encryption, inequality and ‘Zero DOM’: 6 pocket listing takeaways

Inman took a deep dive into pocket listings, which continue to polarize the real estate industry long after many thought the practice would disappear. Continue reading

How agents use encrypted apps to scout off-market listings

Agents, investors and developers are using Telegram and Facebook’s free, encrypted instant messaging and voice-over-IP service to network and find off-market listings. Continue reading

‘Zero Days on Market’: New study highlights controversial metric

While brokers see the study as reason to re-evaluate NAR’s pocket listing policy, MLSs push back on the study’s conclusions, pointing to a hot market. This is the third story in a five-part series. Continue reading

How pocket listings cast aside minority homebuyers

Five housing experts explain how pocket listings play into de facto segregation and create roadblocks for minority homebuyers and sellers. This is the second story in a five-part series. Continue reading

Redfin CEO Glenn Kelman ‘skeptical’ about iBuyer growth

Glenn Kelman said Wednesday at Inman Connect that many agents expect iBuyers to grow. He isn’t so convinced, but does see disintermediation as a real issue. Continue reading

DOJ to NAR: Increased competition could save consumers billions

In court filings, regulator says rules “restrict how real estate agents can market properties, dictate how real estate commissions are set, and impede commission negotiations.” Continue reading

NAR vs. DOJ: A timeline of the battle as it stretches into 4th year

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

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

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