A judge also denied REX’s request for a preliminary injunction against NAR and Zillow. REX asked for the injunction after arguing that it was the…
Posts published in “rex”
Compass versus Realogy. Keller Williams versus eXp. REX versus everyone. The real estate industry is full of big names and big feuds, and Inman’s unpacking…
Lawsuits alleging that NAR rules regarding multiple listing services prop up commissions that inflate buyer and seller costs keep proliferating. Source: Inman News
Discount brokerage REX filed its antitrust lawsuit in March. But in a new filing, Zillow calls REX’s claims “self serving” and without merit. Source: Inman…
The well-connected discount brokerage is trying to raise more funding and grow its business as it takes on industry behemoths NAR and Zillow. Source: Inman…
Rules regarding public display of buyer broker commissions and lockbox access for non-Realtors were originally slated to take effect by the end of March. Source:…
One agent told the discount brokerage: “I won’t bother to show [the listing]. Who’s your local agent though because I’ll make sure to tell people…
The trade group’s president accuses commission detractors of duplicity “for a payout” under the guise of protecting consumers. Source: Inman News
The Consumer Federation of America and the Oregon State Public Interest Research Group argue that prohibiting rebates to buyers and sellers stifles commission competition and…
Real estate commissions are inflated by as much as $50 billion per year due to the lack of price competition created by having listing brokers…