PIUS CEO tells Inman the company is operating 'on a smaller scale,' but a former REX agent insists those operations no longer include handling real estate transactions
Boies, who has represented Al Gore, Harvey Weinstein and failed medical startup Theranos, told Inman he took the case because it's 'important to enhancing competition in housing markets'
Discount brokerage says it will focus on 'other issues that cause consumers to be overcharged every time they buy and sell a home'
Judge finds the National Association of Realtors failed to allege facts to show how the discount brokerage specifically harmed the trade group's reputation with its own members and consumers
The discount brokerage is now a member of 6 multiple listing services, but says it's still avoiding 'traditional' agent fees by offering a low commission when it submits listings
Real estate trade organization hits back at discount brokerage's claims regarding its own business model and inflated real estate commissions
Discount brokerage's antitrust claims survive after judge concludes REX 'plausibly alleges that Zillow changed its websites because of NAR’s rules'
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's general counsel Michael Toth says the discount brokerage pays buyer agents in at least 40% of its list-side transactions
The discount brokerage struck on Wednesday following the National Association of Realtors' petition 2 days earlier to compel the DOJ to uphold its antitrust settlement
REX calls out NAR for alleged 'false assertions,' while NAR alleges REX is blaming others for its 'business shortcomings' and that 'consumers are not interested' in REX's services
REX alleges that the National Association of Realtors and Zillow use NAR's segregation rule to hinder competitors who don't comply with NAR's commission rule