NAR was dismissed without paying any money or making any rule changes, but The PLS says it can reopen the case if they don't come to a deal
CRMLS, Bright MLS and MRED told the US District Court of the Central District of California's Western Division they had reached a deal 'in principle' with ThePLS.com
Pocket listings are positively overflowing nearly 4 years after the National Association of Realtors enacted its controversial Clear Cooperation policy to end them, a new Intel analysis shows
In a new brief, the former pocket listing service argues NAR limited competition to its Realtor-affiliated MLSs 'by conspiring to destroy the livelihood of any dissenting real estate agent'
The National Listing Service wants to help agents compete with big portals such as Zillow, Realtor.com and Redfin for control of their lead generation
NAR's attorney says The PLS is trying to 'have their cake and eat it too' by claiming brokers are both the victims and the perpetrators of the Clear Cooperation Policy
The National Association of Realtors' legal team says members can help the trade group fight its antitrust war while the association fends off the DOJ, REX and various commission lawsuits
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'
The Department of Justice and The PLS argue that lower court should have considered Clear Cooperation Policy's impact on brokers who directly purchase access to listing services, not on buyers and sellers
CRMLS created the change to 'ensure that the information in the MLS is as accurate as possible as soon as feasible,' CRMLS CEO Art Carter told Inman
Judge says ThePLS.com failed to plausibly allege the National Association of Realtors' Clear Cooperation Policy harms competition and consumers. To the contrary, the policy has 'some plainly pro-competitive aspects'
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
The PLS says its new site will comply with NAR's Clear Cooperation Policy and show exclusive listings to the public for the first time
The pros predict we'll be working in an increasingly polarized industry