Kevin Sears: Settlement averted bankruptcy, DOJ 'disrespectful'
NAR's president also said in a new podcast interview that homeseller-plaintiffs insisted during negotiations that the largest brokerages be left out of NAR's landmark settlement
by Jim Dalrymple II Dec 5
Landmark NAR commission settlement faces first appeal
A day after the settlement received final approval from Judge Stephen Bough, an entity known as Spring Way Center along with several homesellers appealed the deal
by Jim Dalrymple II Dec 2
NAR's settlement is up for final approval. Here's why that matters
The National Association of Realtors' commission settlement became an inciting incident for the most disruptive year for real estate in memory. A judge is expected to approve the deal Tuesday
by Jim Dalrymple II Nov 26
The real estate industry is more politically split than you think
Amid a tumultuous year for the industry, Realtors have donated millions to political causes — and Democrats have managed to collect more than Republicans from the industry's rank and file
DOJ's data sharing statement has implications for MLSs, associations
The statement regarding a lawsuit against pork producers notes that the sharing of information among competitors could violate antitrust law 'even without proof of an agreement to fix prices'
by Lillian Dickerson Oct 16
Anywhere joins push to reform NAR's Clear Cooperation Policy
Documents obtained by Inman show Anywhere shares some — but not all — of Compass' concerns with the rule while on Thursday Compass CEO Robert Reffkin reiterated his call to ditch the policy
by Jim Dalrymple II Sep 27
Clear Cooperation takes center stage, faces pressure to change
Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry's most polarizing rules
by Jim Dalrymple II Sep 10
NAR to fight DOJ investigation all the way to the Supreme Court
The case dates back to a 2020 settlement between NAR and the DOJ, and to the DOJ's 2021 attempt to withdraw from that settlement — something NAR is trying to block
by Jim Dalrymple II Aug 30
A brave new world awaits the real estate industry. Are you prepared?
Beginning Saturday, new rules around commissions take effect, paving the way for the biggest shift in real estate in at least a generation. It's a brave new world, and it begins this weekend
DOJ urges court to overturn judgment in REX v. Zillow
'The judge's decision created a loophole that could allow associations to sidestep antitrust scrutiny by cloaking restrictive rules as optional,' the DOJ's filing states
by Lillian Dickerson Jun 24
Will dual agency become common after NAR's settlement?
Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as 'double ending'
by Jim Dalrymple II Jun 4
NAR commission settlement rules will go into effect in August
The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected
by Jim Dalrymple II May 3
Will lawsuits end 6% commissions? Probably not, 1 law professor says
A provision in NAR's settlement barring listing agents from offering buyer agents compensation is 'largely symbolic,' USC professor Jordan Barry said Friday at a University of Minnesota conference
by Jim Dalrymple II Apr 15
NAR hits back following 'external commentary' critical of the group
NAR Interim CEO Nykia Wright sent a letter on Friday following a critical article in the Wall Street Journal, and in the wake of news the US Department of Justice wants big changes in real estate
by Jim Dalrymple II Feb 16
DOJ objects to 2nd settlement bid in MLS PIN commission case
The antitrust enforcer says it 'continues to have concerns' about a proposed deal between homesellers and broker-owned multiple listing service MLS PIN
by Andrea V. Brambila Dec 19