Dueling NAR and REX op-eds hint that DOJ will target commissions

The National Association of Realtors and REX Real Estate each have very different views on the commission structure in the U.S. and, with federal regulators looking on, are attempting to make their case not just in the courts, but to consumers and agents at large. On July 8, the Wall Street Journal published an op-ed … Read more

The Real Word: What the DOJ-NAR battle means for agents

Byron Lazine and Nicole White are two agents in Connecticut who give us their thoughts on the week’s news every Friday in “The Real Word,” a weekly video column on Inman. The U.S. Department of Justice (DOJ) backed out last week of a proposed settlement with the National Association of Realtors (NAR). According to The … Read more

DOJ hints NAR’s pocket listing policy may be in its crosshairs

Less than two weeks after the U.S. Department of Justice pulled out of a proposed settlement with the National Association of Realtors to broaden its investigation into the trade group’s rules, the agency has provided a big clue as to one of the rules it will be digging into: the Clear Cooperation Policy. In May … Read more

NAR, stop fighting for commissions — make better Realtors

Last week, the U.S. Department of Justice’s Antitrust Division announced that it was withdrawing from the proposed settlement with the National Association of Realtors (NAR) “to permit a broader investigation of NAR’s rules and conduct.” As the Justice Department withdraws from this settlement regarding real estate agent’s commissions, it has me asking myself an all-consuming question:  What … Read more

NAR ‘cut a deal’ with Trump DOJ to undermine commission suits: CFA

The National Association of Realtors countered that the Consumer Federation of America’s assertions are “wrong and misleading” and “commissions are very much negotiable.” A consumer watchdog group is suggesting the National Association of Realtors may have cut a deal with Trump officials in order to undermine class-action lawsuits against the association. In a press release … Read more

Why the ongoing DOJ vs. NAR battle matters

Jay Thompson is a former brokerage owner who spent over six years working for Zillow Group. He retired in August 2018 but can’t seem to leave the real estate industry behind. His weekly Inman column publishes every Wednesday. The federal government and our legal system never fail to mystify. Last week, the U.S. Department of … Read more

Here’s the timeline of the NAR-DOJ legal battle

The U.S. Department of Justice just backed out of an antitrust settlement with the National Association of Realtors, suggesting more legal wrangling is on its way. On Thursday, the U.S. Department of Justice (DOJ) dropped the bombshell news that it pulled out of an agreement to settle a lawsuit with the National Association of Realtors. … Read more

BREAKING: Justice Department withdraws from settlement with the National Association of Realtors

The antitrust regulator said the trade group refused to modify the deal to protect the agency’s ability to investigate other NAR conduct that could impact real estate competition. The U.S. Department of Justice is pulling out of a proposed settlement with the National Association of Realtors in order to broaden its investigation into the trade … Read more

DOJ: Pocket listing suit against NAR shouldn’t have been thrown out

On Wednesday, the U.S. Department of Justice put its finger on the scale in an antitrust lawsuit filed by a former pocket listing service against the National Association of Realtors and three of the nation’s largest multiple listing services, arguing that the lower court erred in dismissing the suit in February. At the same time, … Read more

The Inman Handbook on real estate’s biggest rivalries

In 1878, a dispute about a hog sparked a legend. The dispute began when Randolph McCoy claimed that Floyd Hatfield had stolen the hog. A trial ensued, but testimony from a witness with ties to both families helped clear Hatfield. Then, two years later, two McCoy’s killed that witness. The hog-stealing incident came amid an … Read more

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