Judge says pointing to antitrust lawsuits and a Department of Justice investigation 'is insufficient' to show anticompetitive behavior
The move comes in the wake of the agreement between NAR and DOJ concerning Realtor competition
A new lawsuit filed earlier this week sits in stark contrast to 3 previous homeseller suits that allege commission sharing between cooperating brokers inflates seller costs
Alabama and Georgia Realtors suspend their lawsuit against the Trump administration at least until February after legislation extends moratorium
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
Bidding wars, record mortgage rates and lots of Keller Williams news dominated the conversation, and Inman's headlines, in 2020
Opinion
These changes don't spell the end of anything. They provide consumers with information. Transparency, protecting your clients' interests and codifying best practices are all good things
Transparency around commissions could force more brokerages to compete on price in addition to service, chief executives at several low-fee brokerages told Inman on Friday
Among other things, the case could ultimately drive down commissions and weaken industry organizations, agents told Inman
Proposed settlement would require the trade group to repeal or change several rules the US Department of Justice deems anticompetitive
Robert Smith, CEO of Vista Equity Partners, will pay back taxes owed on offshore assets totaling $140M. Vista has a majority stake in Lone Wolf Technologies
Denis Donovan, a rental broker affiliated with Village Realty, is accused of engaging in housing practices that discriminate on the basis of race or color
Jeffrey Detloff is accused of steering maintenance and repair contracts to companies that provided his own firm a kickback
The FTC says Mount Diablo Lending and its owner responded to negative reviews by posting consumer's credit history, debt-to-income ratio and other personal information
The financial services and analytics firm, which provides products and services to the real estate industry, generated $459M in revenue in Q3