Clear Cooperation takes center stage, faces pressure to change

Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules. Continue reading

Pocket listing suit against NAR ‘paused’ for settlement talks

NAR was dismissed without paying any money or making any rule changes, but The PLS says it can reopen the case if they don’t come to a deal. Continue reading

US Supreme Court denies NAR petition in pocket listing case

The nation’s highest court will not be weighing in on whether the real estate trade group’s Clear Cooperation Policy violates antitrust laws. The case proceeds in a lower court. Continue reading

The PLS to Supreme Court: Deny NAR petition in pocket listing suit

In a new brief, the former pocket listing service argues that NAR limited competition to its Realtor-affiliated MLSs “by conspiring to destroy the livelihood of any dissenting real estate agent.” Continue reading

NAR heads into midyear gathering while under siege on multiple fronts

The National Association of Realtors, which boasts 1.5 million members, will tackle real estate’s hottest topics a week after suffering a series of legal setbacks in court. Here’s a breakdown of the agenda. Continue reading

Appeals court deals blow to NAR, allows pocket listing suit to continue

Three-judge panel concludes trade group must face allegations that the Clear Cooperation Policy was part of a group boycott to prevent The PLS from competing with MLSs, leaving agents with fewer choices, inflated prices and lower-quality products. Continue reading

Why the nation’s largest MLS is declaring Saturday a work day

In a bid to close a pocket listing loophole, CRMLS created the change to prevent agents who publicly advertise a listing on a Friday from waiting until Monday to submit it to the MLS. Continue reading