Trade group calls out broker Grady Hillis of Arizona for 'repetitive and confusing allegations' in nearly 1,300-page amended complaint, which seeks $1.18B in punitive damages
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
The discount brokerage filed paperwork in a federal district court in Seattle that argues its opinions challenging the legality of the National Association of Realtors' rules are protected speech
Opinion
With billions in commissions at stake, all three branches of government are focused on the real estate industry. Here are the legal wranglings at the heart of their scrutiny
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
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
Discount brokerage says, 'Oregon failed to show any reason why consumers should be forced to pay thousands of dollars more to buy homes'
Realogy says it believes in buyer agents and cooperative compensation, but not in forcing brokers to enter a commission amount to list in a multiple listing service
On Thursday, Realogy Brokerage Group CEO M. Ryan Gorman shared the company's stance on the National Association of Realtors' Participation Rule, saying, 'There’s no reason why an offer of compensation needs to be a mandatory requirement for a home to be listed in the MLS .' Mostly, real estate agents disagreed
Realogy is publicly calling on the National Association of Realtors to kill a requirement that listing brokers offer commissions to buyer brokers in order to submit listings to MLSs
Discount brokerage's antitrust claims survive after judge concludes REX 'plausibly alleges that Zillow changed its websites because of NAR’s rules'
2021 came with Realtor misbehavior, rising legal and regulatory scrutiny and MLSs becoming tech investors after Zillow's acquisition of ShowingTime
Judge said discount brokerage had made 'compelling arguments' that law hurts consumers and artificially inflates home prices, but that states are immune from federal antitrust laws
The agency, which is currently investigating the trade association's Clear Cooperation Policy, says it's defending its interest in the application of antitrust laws to the real estate industry