Tag Archives: pocket listings

Redfin CEO Glenn Kelman ‘skeptical’ about iBuyer growth

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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

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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

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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 →

Court calls Top Agent Network ‘anticompetitive,’ tosses NAR suit

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Judge voiced concerns that the Clear Cooperation Policy could have anticompetitive effects, but suggested TAN was the wrong plaintiff to bring suit. Continue reading →

Homes listed in the MLS sell faster and for nearly 17% more: Study

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Bright MLS looked at 442,829 home sales across its six-state Mid-Atlantic footprint that sold over a 24-month period Continue reading →

DOJ hints NAR’s pocket listing policy may be in its crosshairs

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Agency letter offers first clue that the Clear Cooperation Policy may be part of a “broader investigation” into trade group’s rules. Continue reading →

Here’s the timeline of the NAR-DOJ legal battle

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The U.S. Department of Justice just backed out of an antitrust settlement with the National Association of Realtors, suggesting more legal wrangling is on its way. Continue reading →