The Department of Justice and The PLS argue that lower court should have considered Clear Cooperation Policy’s impact on brokers who directly purchase access to listing services, not on buyers and sellers. Continue reading
In an op-ed co-written by REX CEO Jack Ryan and REX President Lynley Sides, the pair said they “won’t stop” until policies like NAR’s segregation rule no longer impede consumers. Continue reading
Real estate commissions are inflated by as much as $50 billion per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal. Continue reading
The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading
Alyson Austin, a spokesperson for CoreLogic, confirmed to Inman that Arnold Pinkston would be leaving the company and explained that he had received a job offer from a large medical device manufacturer in Orange County, California. Continue reading