U.S. Department of Justice
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
In an op-ed co-written by REX CEO Jack Ryan and REX President Lynley Sides, the pair said they 'won't stop' until policies like NAR's segregation rule no longer impede consumers
Real estate commissions are inflated by as much as $50B per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal
US District Judge John Barker argued that Congress lacked the authority to give the CDC power to halt evictions, and that the moratorium threatened to impinge upon landlords' rights under state law. The DOJ filed a notice on Saturday to appeal the ruling
REX CEO Jack Ryan said he believed the recordings contributed to getting the US Justice Department's antitrust lawsuit against the National Association of Realtors off the ground
Bidding wars, record mortgage rates and lots of Keller Williams news dominated the conversation, and Inman's headlines, in 2020
Though still relatively rare today, some agents foresee a future in which buyers are more directly responsible for their agents' commissions. That could pose a challenge for buyers — though some agents have already figured out solutions
Proposed settlement would require the trade group to repeal or change several rules the US Department of Justice deems anticompetitive
The real estate industry threw some curveballs. Take Inman's real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week
The MLS tech vendor's chief legal counsel Arnold Pinkston has taken a new job in the healthcare manufacturing industry, where he previously worked
Jeffery and Lori Detloff are facing 30 years in jail for kickback scheme involving repair contracts for properties in Minneapolis
Discrimination against individuals with disabilities accounts for more than half of fair housing complaints
Lender vows to continue fighting DOJ’s countersuit alleging that it improperly underwrote FHA-insured loans
Quicken quickly slams complaint as ‘irrational and baseless witchhunt’
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