Tag Archives: Rex Real Estate

From hate speech to antitrust: The year in MLSs and associations

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2021 came with Realtor misbehavior, rising legal and regulatory scrutiny and MLSs becoming tech investors after Zillow’s acquisition of ShowingTime. Continue reading →

Court tosses REX antitrust suit against Oregon anti-rebate law

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Judge said discount brokerage had made ‘compelling arguments’ that law hurts consumers and artificially inflates home prices, but that states are immune from federal antitrust laws. Continue reading →

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

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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 →

REX: ‘Outmoded’ real estate rules ‘struck a vein’ with DOJ

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Brokerage backed by Chris Christie and Jeb Bush says agent steering by commission should “shock the conscience” of anyone interested in equity in housing. Continue reading →

Why REX pays buyer agents and uses MLSs — sometimes

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REX’s general counsel Michael Toth says the discount brokerage pays buyer agents in at least 40 percent of its list-side transactions. Continue reading →

REX CEO calls on NAR to repeal ‘anti-consumer’ rules at conference

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In an open letter, Ryan alleges the National Association of Realtors’ rules prevent hundreds of thousands of Americans from attaining homeownership. He called on NAR to repeal the rules at its Realtors Conference and Expo in San Diego in November. 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 →

REX takes new jab at NAR in blistering ‘cartel economics’ attack

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The discount brokerage struck on Wednesday following the National Association of Realtors’ petition two days earlier to compel the DOJ to uphold its antitrust settlement. Continue reading →

NAR to federal court in REX case: Ignore the DOJ

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REX calls out NAR for alleged “false assertions” while NAR alleges REX is blaming others for its “business shortcomings” and that “consumers are not interested” in REX’s services Continue reading →

DOJ intervenes in REX antitrust suit against NAR and Zillow

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The federal agency says NAR can’t use a 2008 consent decree to shield itself from investigation of its rules. Continue reading →