Opinion
NAR's performance is what stewardship failure looks like at industry scale
Illinois resident Kevin Cwynar's class-action case alleges the brokers and NAR rules have caused potentially hundreds of thousands of homebuyers to pay up to thousands of dollars in excess commissions
A Department of Justice footnote filed on Monday in the Nosalek commission lawsuit suggests some industry leaders may have misinterpreted earlier DOJ messaging
The Supreme Court didn't explain its reasoning for the decision, which will now allow the Department of Justice to reopen its investigation into the trade group's practices
Justices will review NAR's petition on Friday and post their decision on Monday. The trade group seeks 'to clarify that the government must keep its contractual promises just like other parties'
In its response to an NAR appeal, the DOJ acknowledged that, although it had closed an investigation into 2 NAR policies in 2020, it didn't agree not to reopen it
In the latest filing in its quest for damages, Utah-based discount brokerage Homie asserted NAR, KW, RE/MAX and others created and enforced rules that amounted to an illegal conspiracy
The trade group's petition leans heavily on the government's promise to close investigations into the Clear Cooperation Policy and the Participation Rule
The homeseller suit known as Moratis alleged a West Penn MLS commissions-related rule violates antitrust laws, but unlike a similar NAR rule, the former expressly allows offers of zero dollars
The suit names Equity Realtors, HomeSmart International and Fathom Realty as defendants. It also describes NAR as a co-conspirator, but doesn't name the organization as a defendant
Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry's most polarizing rules
Judge Andrea Wood, who oversaw the cases for years, said in a surprise filing on Wednesday that she discovered a relative's spouse was a partner at a law firm in a case known as Moehrl
The case dates back to a 2020 settlement between NAR and the DOJ, and to the DOJ's 2021 attempt to withdraw from that settlement — something NAR is trying to block
The suit accuses NAR and major franchisors of breaking antitrust laws. The company's complaint includes alleged text messages in which agents refused to show Homie listings
Parent company of Howard Hanna Real Estate Services argues plaintiff agreed to a mediation clause and, as a buyer, doesn't have standing to sue under federal and state antitrust laws