Real estate in 2021 was weird, wild and always unpredictable
The year saw explosive rivalries, wild stock market performances and plenty of rage
by Jim Dalrymple II Dec 13
LA broker sentenced to 10 years for role in pandemic relief scheme
Tamara Dadyan will spend time in prison for her role in a scheme to apply for COVID-19 small business loans under fake or stolen identities
by Daniel Houston Dec 9
DOJ to appear in court in appeal of pocket listing lawsuit against NAR
The agency, which is currently investigating the trade association's Clear Cooperation Policy, says it's defending its interest in the application of antitrust laws to the real estate industry
A woman researching in a dictionary
Trade group contends the antitrust regulator never closed its previous investigations into NAR's pocket listing and buyer broker commission rules
by Andrea V. Brambila Nov 13
What to expect at NAR's Realtors Conference & Expo this week
Olympic gymnast Simone Biles and former NFL quarterback Drew Brees to speak at Realtors Conference & Expo in San Diego, plus much, much more
DOJ to NAR: Increased competition could save consumers billions
In court filings, regulator says rules 'restrict how real estate agents can market properties, dictate how real estate commissions are set, and impede commission negotiations'
by Andrea V. Brambila Oct 19
A piece of chocolate cake being removed from the whole
The trade group will weigh whether to require multiple listing services to allow agents and brokers to display buyer agent compensation, but it won't consider change to lockbox policy
by Andrea V. Brambila Oct 15
Commission rules, lockbox access chief among threats to industry
At Coldwell Banker's Gen Blue Experience event, Kalama Kim predicted that everything from a DOJ antitrust case to 'marginal agents' could soon upend the real estate industry
by Jim Dalrymple II Oct 6
'This is not a blip': Antitrust experts warn RE leaders to work with DOJ
The Council of Multiple Listing Services panelists warned real estate leaders and MLS members, 'It's better to be part of the process ... than having the rules written for you'
REX: 'Outmoded' real estate rules 'struck a vein' with DOJ
Brokerage backed by Chris Christie and Jeb Bush says agent steering by commission should 'shock the conscience' of anyone interested in equity in housing
REX CEO calls on NAR to repeal 'anti-consumer' rules at conference
In an open letter, Ryan alleges the National Association of Realtors' rules prevent hundreds of thousands of Americans from attaining homeownership. He called on NAR to repeal the rules at its Realtors Conference and Expo in San Diego in November
by Andrea V. Brambila Sep 30
Opendoor and FTC still at odds over iBuyer's advertising
Regulator threatened 'enforcement action' related to allegedly 'inaccurate' or 'inadequately substantiated' advertising claims if settlement talks fail
by Andrea V. Brambila Sep 27
Facade Flags Justice Department Building Washington DC
Opinion
The messy set of industry practices at the crux of this fight are long overdue for major reform — now is the time to make it happen
by Brad Inman Sep 22
NAR vs. DOJ: A timeline of the battle as it stretches into 4th year
An analysis of the association's petition offers a step-by-step timeline of the events leading up to the DOJ's launch of a new investigation of NAR rules
by Andrea V. Brambila Sep 16
NAR fights back against DOJ efforts to withdraw antitrust settlement
The trade group accused the Justice Department of reneging on a binding agreement. NAR also said it had already begun implementing policies based on its DOJ settlement
by Jim Dalrymple II Sep 13