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

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

NAR, stop fighting for commissions — make better Realtors

The DOJ has withdrawn from the proposed settlement with NAR, but all that brings to focus is that NAR has been fighting for commission while letting the industry slide in the public’s opinion thanks to the low barrier of entry, disruptors and focusing … Continue reading

NAR ‘cut a deal’ with Trump DOJ to undermine commission suits: CFA

The National Association of Realtors countered that the Consumer Federation of America’s assertions are “wrong and misleading” and “commissions are very much negotiable.” Continue reading

Oregon becomes first US state to ban homebuyer love letters

Homebuyers have used these so-called “love letters” help their offers stand out, but critics say they leave the door open for discrimination. Continue reading

Co-ops in Westchester County now have to explain why they reject buyers. Will NYC be next?

Boards in Westchester County now have to notify the county Human Rights Commission about rejections and the reasonings for them. Continue reading

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

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

BREAKING: Justice Department withdraws from settlement with the National Association of Realtors

The antitrust regulator said the trade group refused to modify the deal to protect the agency’s ability to investigate other NAR conduct that could impact real estate competition. Continue reading

Keller Williams, EXIT Realty and dozens of others sued for discrimination

The suit alleges 36 real estate companies, agents and landlords illegally refused to accept Section 8 housing vouchers in New York’s Westchester County. Continue reading

US Supreme Court denies Realtors’ request to lift CDC eviction ban

Justice Brett Kavanaugh said the federal agency exceeded its authority but ban’s current July 31 expiration date would allow for ‘more orderly distribution’ of rental assistance funds. Continue reading

With new FTC chair, expect greater scrutiny on the real estate industry

Lina Khan’s appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation. Continue reading