Facade Flags Justice Department Building Washington DC
A 3-judge panel for the Washington DC circuit seemed inclined to let the agency resume its probe into the National Association of Realtors' cooperative compensation and pocket listing rules
NAR: 'We have many grounds' to appeal the Sitzer | Burnett verdict
The National Association of Realtors laid out its arguments to overturn the ruling Tuesday. The plaintiffs' attorney said if the trade group doesn't change, it risks an injunction and DOJ wrath
by Andrea V. Brambila Nov 15
The commission suit tsunami is upon us: The Download
Catch up with the 'mother of all lawsuits' and all of the other so-called copycats that have followed in the wake of Sitzer | Burnett
by Christy Murdock Nov 11
Sitzer | Burnett plaintiffs' attorneys in talks with Department of Justice
Disrupting the National Association of Realtors' use of multiple listing services as a 'vehicle for higher commissions' is at the center of talks, lawyer Michael Ketchmark told Inman exclusively
Ameris is now 10th lender to settle DOJ redlining charges in 2 years
In announcing the $9M settlement with the Florida lender, the DOJ says it 'currently has over 2 dozen active investigations into redlining, spanning neighborhoods across the country'
by Matt Carter Oct 19
Agents steer buyers to homes with better commissions, study claims
The study by a trio of researchers analyzed hundreds of thousands of listings and found that those offering lower commissions to buyers' agents received less attention and took longer to sell
by Jim Dalrymple II Oct 18
Full court press: What to know as the Sitzer | Burnett trial unfolds
The allegations, the high-profile witnesses slated to testify and all the evidence the jury will and won't see — it's all here as the long-awaited Sitzer | Burnett commission trial unfolds this week
by Andrea V. Brambila Oct 16
Stakes are incalculable for NAR as bombshell commission trial looms
Next week's long-anticipated Sitzer/Burnett commission trial is only the most immediate threat to real estate's most powerful trade organization as it navigates a series of existential challenges
by Jim Dalrymple II Oct 11
DOJ intervention puts MLS commission settlement on ice
The homeseller plaintiffs agreed to a 2-month extension of deadlines related to a proposed deal with MLS PIN after the federal agency asked for time to assess the deal's 'competitive impact'
MLS commission settlement in jeopardy amid new DOJ 'concerns'
The Department of Justice's antitrust division on Thursday requested a 2-month deadline extension to review a proposed deal between homesellers and MLS PIN, a broker-owned multiple listing service
Judge gavel with justice lawyers to represent appraisal bias lawsuit
Washington Trust 'vehemently' denies the allegations but joins a long list of lenders who have coughed up $98M in settlements since the DoJ launched an anti-redlining initiative in 2021
by Matt Carter Sep 29
NAR seeks to suppress DOJ probe from jury as commission trial nears
The National Association of Realtors filed 4 requests in the US District Court in Western Missouri on Thursday involving commission rule changes, government investigations and discrimination
by Andrea V. Brambila Aug 25
Controversial Florida foreign buyer ban survives 1st major court battle
US District Judge Allen Winsor denied a request by plaintiffs to stop the state from enforcing the law because it is based on citizenship, not race, so does not violate the Constitution, fair housing
by Lillian Dickerson Aug 18
'It's well past time': DOJ urges court to overturn NAR commission ruling
The antitrust enforcer argued NAR's pocket listing and commission rules need 'to be assessed on their merits' on whether they cost American homebuyers billions of dollars a year
by Andrea V. Brambila Aug 15
The commission suits are headed to trial. What happens after that?
At Inman CEO Connect, Russ Cofano, James Dwiggins and Greg Robertson debated the changes that agents and brokers may see as a result of homeseller lawsuits and government interference