The antitrust enforcer argued NAR's pocket listing and commission rules need 'to be assessed on their merits' on whether they cost American homebuyers billions of dollars a year
At Inman CEO Connect, Russ Cofano, James Dwiggins and Greg Robertson debated the changes that agents and brokers may see as a result of homeseller lawsuits and government interference
At Inman Connect Las Vegas, real estate broker and attorney Kendall Bonner urged the industry to be proactive instead of waiting to be legally 'bullied' into change
In a 'friend of the court' brief, the Chamber said the government should have to keep its promise to not investigate the National Association of Realtors' commission and pocket listing policies
In a new brief, NAR claims the DOJ's argument for resuming its probe would 'destabilize the law.' The agency has sought to overturn an earlier ruling that quashed a request for more information
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
The suit claims NAR fired a Black employee after she broke off a relationship with then-president-elect Kenny Parcell. NAR said it rejects the claims
New artificial intelligence technology can recommend real estate listings based on neighborhoods' ethnic makeup. Experts are worried about the tech's potential for discrimination
The US Department of Justice wants 'to resume its consequential investigation of conduct that affects over $100 billion in broker fees paid by Americans annually,' according to an appeal
The antitrust enforcer wants a higher court to overturn a ruling that limits its investigation into the Realtor trade group's Participation Rule and Clear Cooperation Policy
In an amicus brief the antitrust enforcer argues that a lower court incorrectly tossed a case filed by Top Agent Network over the National Association of Realtors' pocket listing policy
Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is 'overreaching' in the case and on whether changes to the controversial rules are necessary
District court judge sets aside US Department of Justice 2021 demand for information from the National Association of Realtors on buyer broker commission and pocket listing rules
Top Agent Network's appeal alleges the Clear Cooperation Policy's goal is to safeguard NAR's business model, which relies on dues revenue from nearly 1.6 million agents and brokers
Opinion
Today, conflicts of interest make top headline news daily and fuel the wrath of the DOJ and FTC. Greed is at the root of carelessly mixing business lines, which is why Brad Inman says separating ownership is often necessary to avoid conflicts