National Association of Realtors: “The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure.” Source: Inman News
Posts published in “U.S. Department of Justice”
Total commission revenue in 2021 could ultimately top $100 billion for the first time ever, according to a new report from Knock. Source: Inman News
You need to understand what’s happening in your industry. The DOJ’s most recent action seems to be a giant step backward toward any resolution. Here’s…
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…
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…
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…
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…
U.S. District Judge John Barker argued that Congress lacked the authority to give the CDC power to halt evictions, and that the moratorium threatened to…
REX CEO Jack Ryan said he believed the recordings contributed to getting the U.S. Justice Department’s antitrust lawsuit against the National Association of Realtors off…