Controversial Florida foreign buyer ban survives 1st major court battle
US District Judge Allen Winsor denied a request by plaintiffs to stop the state from enforcing the law because it is based on citizenship, not race, so does not violate the Constitution, fair housing
by Lillian Dickerson Aug 18
Suit accuses NAR and its president of sexual, racial discrimination
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
by Jim Dalrymple II Jun 28
US lawmakers demand DOJ probe into RealPage's YieldStar software
Lawmakers in both chambers of Congress have accused RealPage of anticompetitive practices. Calls for an inquiry come a month after a sweeping and critical report into the company
by Jim Dalrymple II Nov 22
What happens to buyers' agents if the bombshell lawsuit explodes?
Multiple lawsuits are challenging the way agents get paid. Inman asked experts what that means, and how the future of real estate might evolve as a result of changes to the commission structure
by Jim Dalrymple II Jul 7
Agent commissions are headed for a reckoning: 3 things to consider
Opinion
Whether it’s government intervention or voluntary innovation, as the DOJ vs. NAR battle shows, change is coming to the industry. Consumers are asking for it. Agents and brokers who choose innovation over resistance and do right by clients will be the ones who thrive
by Johnny Hanna Oct 4
NAR to consider listing attribution, DOJ-inspired policies at big event
Lockbox access for non-Realtors and public displays of buyer broker commissions may be added to the list of proposals to be voted on at Realtors Conference and Expo in November
by Andrea V. Brambila Sep 24
REX takes new jab at NAR in blistering 'cartel economics' attack
The discount brokerage struck on Wednesday following the National Association of Realtors' petition 2 days earlier to compel the DOJ to uphold its antitrust settlement
by Lillian Dickerson Sep 15
DOJ quietly resumed NAR probe days after settlement withdrawal
In a 418-page petition filed Monday, NAR contends the antitrust regulator swiftly reopened its investigation into Clear Cooperation Policy and buyer broker commissions in July
by Andrea V. Brambila Sep 15
Dueling NAR and REX op-eds hint that DOJ will target commissions
National Association of Realtors: 'The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure'
by Andrea V. Brambila Jul 22
Agent commissions expected to soar to record high in 2021
Total commission revenue in 2021 could ultimately top $100B for the first time ever, according to a new report from Knock
by Jim Dalrymple II Jul 12
Why the ongoing DOJ vs. NAR battle matters
Opinion
The DOJ's most recent action seems to be a giant step backward toward any resolution. Here's what you should know
by Jay Thompson Jul 6
Here's the timeline of the NAR-DOJ legal battle
The US Department of Justice just backed out of an antitrust settlement with the National Association of Realtors, suggesting more legal wrangling is on its way
by Jim Dalrymple II Jul 6
A pencil with eraser
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
REX execs take aim at Zillow in op-ed: 'We had no choice but to sue'
In an op-ed co-written by REX CEO Jack Ryan and REX President Lynley Sides, the pair said they 'won't stop' until policies like NAR's segregation rule no longer impede consumers
by Lillian Dickerson May 28
Study commissioned by REX claims commissions are deeply inflated
Real estate commissions are inflated by as much as $50B per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal
by Andrea V. Brambila Mar 12