Three-judge panel concludes trade group must face allegations that the Clear Cooperation Policy was part of a group boycott to prevent The PLS from competing with multiple listing services
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
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'
Trade group contends the antitrust regulator never closed its previous investigations into NAR's pocket listing and buyer broker commission rules
Texas-based broker Jenna Ryan, who claimed her 'blond hair' and 'white skin' would keep her out of jail, was sentenced to 60 days behind bars for her role in Jan. 6 insurrection
In court filings, regulator says rules 'restrict how real estate agents can market properties, dictate how real estate commissions are set, and impede commission negotiations'
The trade group will weigh whether to require multiple listing services to allow agents and brokers to display buyer agent compensation, but it won't consider change to lockbox policy
Judge voiced concerns that the Clear Cooperation Policy could have anticompetitive effects but suggested TAN was the wrong plaintiff to bring suit
The federal agency says NAR can't use a 2008 consent decree to shield itself from investigation of its rules
National Association of Realtors: 'The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure'
REX alleges that the National Association of Realtors and Zillow use NAR's segregation rule to hinder competitors who don't comply with NAR's commission rule
The National Association of Realtors countered that the Consumer Federation of America's assertions are 'wrong and misleading' and 'commissions are very much negotiable'
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