Location, location, location: Real estate will continue to be an antitrust hotspot in 2022
Opinion
With billions in commissions at stake, all three branches of government are focused on the real estate industry. Here are the legal wranglings at the heart of their scrutiny
by Dylan Carson AND Alicia Batts Feb 2
Douglas Elliman to go public in spinoff from Vector Group
If approved by the FTC and Vector Group's board, Douglas Elliman's shares would trade under the ticker 'DOUG' on the New York Stock Exchange
Brad Inman challenges agents to embrace the future: 'This is your time'
Inman founder Brad Inman shares how venture capitalists and tech giants have changed the industry and what agents can do to stay relevant in the future
by Marian McPherson Oct 27
'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'
Zillow wraps ShowingTime deal as feds continue FTC investigation
The $500M deal was first announced in February, and prompted a heated debate among ShowingTime users. Despite the deal closing, the FTC is reportedly still seeking information from the companies
by Jim Dalrymple II Oct 1
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
Lawmakers urge investigation into Zillow acquisition of ShowingTime
Rep. Ken Buck and Sen. Mike Lee, ranking members of the House and Senate antitrust subcommittees, have asked the FTC to 'closely examine competition issues' in real estate
by Andrea V. Brambila Aug 16
Dueling NAR and REX op-eds hint that DOJ will target commissions
National Association of Realtors: 'The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure'
by Andrea V. Brambila Jul 22
Here's the timeline of the NAR-DOJ legal battle
The US Department of Justice just backed out of an antitrust settlement with the National Association of Realtors, suggesting more legal wrangling is on its way
by Jim Dalrymple II Jul 6
With new FTC chair, expect greater scrutiny on the real estate industry
Lina Khan's appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation
by Andrea V. Brambila Jun 29
Watchdog group asks FTC to review Quicken Loans mortgage ads
Ads promise 'No Registration, No Login' but the website requires you to do both
by Matt Carter May 19
Redfin finalizes $608M RentPath acquisition earlier than expected
Redfin has acquired RentPath nearly 2 months after CoStar Group paid RentPath a $52 million break fee for a failed acquisition in 2020
by Marian McPherson Apr 5
CoStar strikes out on latest CoreLogic acquisition bid
CoreLogic board asks for more cash for shareholders and a shorter deal time to make up for CoStar's stock price volatility
CoStar revenue leaps to $1.7B, but profits take a hit
The company closed three acquisitions in 2020, and CEO Andrew Florance indicated during an earnings call that CoStar's buying spree is far from over
by Andrea V. Brambila Feb 24
NAR, MLSs seek to avoid disclosing competition documents in pocket listing suit
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