The discount brokerage contends that a three-judge panel erred in finding that NAR’s no-commingling rule was not direct evidence of “concerted action” between NAR and Zillow.
Category: antitrust
Fate of Clear Cooperation at hand as Ketchmark issues new warning
As NAR prepares to announce its pocket listing rule decision “in the coming weeks,” attorney Michael Ketchmark said his firm will consider legal action against brokers who vote to maintain the rule.
Suing brokers increasingly chafe at NAR rules and reputation
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Brokers want Michigan to split MLS access from Realtor membership
The Hardy plaintiffs clapped back at NAR in court on Friday, noting agents and brokers in California, Florida and Georgia can join the MLS without having to support Realtor associations.
Gibson plaintiffs to depose eXp and Weichert over ‘sweetheart deal’
Real estate companies eXp and Weichert will have to offer representatives who are best able to testify regarding settlement negotiations in the separate, but similar, Hooper commission suit.
Judge ‘surprised and confused’ by buyers’ ask in commission case
At a Thursday court hearing, Judge LaShonda A. Hunt denied a request to add more state law claims to an antitrust complaint from plaintiffs in a case known as Batton 1.
Commission plaintiffs sue Sibcy Cline — and settle for nearly $1M
The independent, Ohio-based brokerage will pay $895,000 to settle a lawsuit known as Keel after its lead plaintiff, bringing the total settlement fund for plaintiffs in the case to $11.5 million.
Crye-Leike alleges coverage under NAR deal despite industry ranking
Despite its ranking as the 31st largest brokerage in the T3 Sixty Real Estate Almanac for more than $7 billion in sales volume in 2022, Crye-Leike says Gibson suit shouldn’t be allowed to proceed.
MLS PIN pushes back against DOJ in advance of settlement hearing
The court will consider approving the latest deal in the case, which allows commission sharing in the multiple listing system.
71% of real estate agents didn’t close any deals last year
At Inman Connect New York, Redfin’s Joe Rath broke down the views of active agents in the industry, who make up less than a third of all Realtors.