REX seeks court order for Zillow listing data on FSBOs

Court sets new trial date for June 5, 2023, as the legal battle over the National Association of Realtors’ no-commingling rule continues. Continue reading

Zillow to REX: Let’s unite against NAR’s ‘no-commingling rule’

A legal battle of wills rages on as the three parties have motions to compel pending before the court. On Tuesday, REX pushed back against Zillow’s motion to compel, calling it a “fishing expedition.” Continue reading

MLS-listed homes sell for more, a new study claims. But there’s 1 twist

Critics raise issues over conclusion that listing homes on the MLS is what caused higher sales prices and faster transactions, especially if NAR rules mean MLSs have a thumb on the scale. Continue reading

Colorado MLS first to rescind controversial listing display rule

After nearly two decades, REcolorado has eliminated NAR’s optional no-commingling rule, which is the subject of an antitrust lawsuit. Continue reading

Zilllow seeks court order over REX laptops allegedly kept as ‘severance’

Zillow on Friday filed a motion to compel REX to identify employees who left the discount brokerage with laptops that could hold evidence relevant to an ongoing antitrust lawsuit. Continue reading

Homebuyers sue REX after losing $140K in wire fraud scam

The complaint alleges negligence and breach of fiduciary duty after an unknown third party impersonated the brokerage’s title company and sent the buyers fraudulent wiring instructions. Continue reading

Commission study paid for by HomeServices comes under fire

The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it’s based on a faulty premise. Continue reading

Everything you need to know about the bombshell commission lawsuits

A slew of lawsuits may radically change how agents get paid and real estate generally. Here’s Inman’s deep dive into what’s going on and what it all means. Continue reading

More than 700 agent steering calls suggest price-fixing, lawyers charge

In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX. Continue reading

What happens to buyers’ agents if the bombshell lawsuit explodes?

Multiple lawsuits are challenging the way agents get paid. Inman asked experts what that means, and how the future of real estate might evolve as a result of changes to the commission structure. Continue reading