The average buyer broker commission rate iBuyers paid when they resold a home fell to 2.5% in 2020 from 2.8% in 2019, according to a new analysis by Redfin
Judge says ThePLS.com failed to plausibly allege the National Association of Realtors' Clear Cooperation Policy harms competition and consumers. To the contrary, the policy has 'some plainly pro-competitive aspects'
Judge says pointing to antitrust lawsuits and a Department of Justice investigation 'is insufficient' to show anticompetitive behavior
A new lawsuit filed earlier this week sits in stark contrast to 3 previous homeseller suits that allege commission sharing between cooperating brokers inflates seller costs
The PLS wants info on Upstream, the DANGER Report, the Clear Cooperation Policy and antitrust inquiries from the DOJ or FTC. Realtors say producing these documents would impose 'substantial burdens' on them
The PLS says its new site will comply with NAR's Clear Cooperation Policy and show exclusive listings to the public for the first time
Homesellers accuse Massachusetts-based MLS PIN, Realogy, Keller Williams, RE/MAX and HomeServices of America of conspiracy to stifle competition and inflate commissions
The brokerage is suing Oregon officials, including Gov. Kate Brown, for 'antitrust' practices, alleging a law that bans brokerages from providing rebates harms consumers
Proposed settlement would require the trade group to repeal or change several rules the US Department of Justice deems anticompetitive
Suit alleges Clear Cooperation Policy is part of a plan to eliminate PLS as a 'competitive threat.' Trade groups say policy is 'not discriminatory' and promotes competition
Company alleges it would suffer 'irreparable harm' if Realtor associations continue to enforce Clear Cooperation Policy. NAR says TAN 'sat on its hands' for months
NAR General Counsel Katie Johnson and NAR Associate Counsel Charlie Lee update Realtors on legal issues that could hit their pocketbooks
Trade group says suit 'has no legal basis' and that the Clear Cooperation policy 'promotes equal opportunity for all'
Plaintiffs ask for every detail of agent and broker compensation in real estate transactions nationwide for the last 13 years
NAR commissioned the report for the trade group's Strategic Thinking Advisory Committee. Among the top 10 dangers noted were 'commissions spiral downward'