NAR-DOJ ruling divides agents over commission, pocket listing rules
Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is 'overreaching' in the case and on whether changes to the controversial rules are necessary
Federal court rules in favor of NAR in longtime DOJ probe
District court judge sets aside US Department of Justice 2021 demand for information from the National Association of Realtors on buyer broker commission and pocket listing rules
by Andrea V. Brambila Jan 26
Facade Flags Justice Department Building Washington DC
Top Agent Network's appeal alleges the Clear Cooperation Policy's goal is to safeguard NAR's business model, which relies on dues revenue from nearly 1.6 million agents and brokers
by Andrea V. Brambila Jan 24
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
by Andrea V. Brambila Jan 10
Court deals blow to NAR, KW, Anywhere in commission suit
Judge denied requests filed by NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America, allowing Sitzer/Burnett case to continue toward new October trial date
by Andrea V. Brambila Dec 19
Two wolves fighting
The Sitzer/Burnett trial has been delayed until after a higher court rules on an appeal from HomeServices of America
by Andrea V. Brambila Dec 16
The PLS to Supreme Court: Deny NAR petition in pocket listing suit
In a new brief, the former pocket listing service argues NAR limited competition to its Realtor-affiliated MLSs 'by conspiring to destroy the livelihood of any dissenting real estate agent'
by Andrea V. Brambila Dec 12
Fidelity paying Black Knight $225M to bring TitlePoint back into the fold
With ICE's acquisition of Black Knight pending, title insurer exercises right to buy back title search and order management solution under terms of 2014 agreement
by Matt Carter Nov 23
NAR shuts down bid to end no-commingling rule, Zillow reveals
Zillow Senior Director of Broker Operations Matt Hendricks said the portal petitioned NAR to stop allowing MLSs to ban brokers from displaying MLS listings with non-MLS listings online
by Andrea V. Brambila Nov 23
A piece of chocolate cake being removed from the whole
Real estate tech firm says it will use increase on new marketing channels and product changes while critic says high referral fees lead agents to inflate commissions, skimp on service
by Andrea V. Brambila Oct 25
Judge orders Zillow to give REX FSBO listing data
Federal court in Seattle grants discount brokerage's motion to compel on the grounds that the data could show whether Zillow and NAR caused harm to REX or to competition in general
by Andrea V. Brambila Oct 20
NYC real estate commissions are all over the map: Consumer watchdog
In a report on Wednesday, the Consumer Federation of America found the median commissions listing agents offered to buyer agents ranged from 1% in parts of Brooklyn to 3% in Manhattan
by Andrea V. Brambila Oct 20
Anywhere and Compass settle agent recruiting suit, capping 3-year feud
The companies submitted a joint filing to the New York Supreme Court on Oct. 4 asserting they had agreed to end the litigation permanently and that each side would pay their own costs
by Andrea V. Brambila Oct 11
Two men exchanging business cards
Calling it a 'kickback scheme,' HomeOpenly owner Dmitry Shkipin told the FHFA to ban referral fees charged by online brokerages — including Zillow — that don't actually buy and sell property
Seeking clout, MLS trade group taps ex-DOJ and FTC antitrust lawyers
The Council of Multiple Listing Services has hired Alicia Batts and Dylan Carson to help the trade group exert influence over MLS-related decisions at the antitrust enforcement agencies