The antitrust enforcer will get 5 minutes at oral arguments in Top Agent Network's appeal to overturn a lower court ruling tossing its case against NAR's Clear Cooperation Policy
Lower court suggested TAN was the wrong plaintiff to bring suit because its business model is itself allegedly anticompetitive, but TAN says the court's order was 'erroneous'
Judge voiced concerns that the Clear Cooperation Policy could have anticompetitive effects but suggested TAN was the wrong plaintiff to bring suit
Top Agent Network argues that office exclusives result in less inventory, less exposure for listings and less consumer choice while benefitting large brokerages
Judge says agents don't have a right to benefit from the contributions of fellow Realtors while withholding their own listings. Top Agent Network criticizes policy's exception for office exclusives
Company alleges it would suffer 'irreparable harm' if Realtor associations continue to enforce Clear Cooperation Policy. NAR says TAN 'sat on its hands' for months
Trade group says suit 'has no legal basis' and that the Clear Cooperation policy 'promotes equal opportunity for all'
Agreement lowers barrier between agents and neighboring MLSs
RESAAS plans 'agent-only, nationwide pre-market listing service'
Members will have access to confidential info including offers of cooperation and compensation