Jarrod Grasso will lead the trade group’s efforts to “deepen engagement with state and local associations, MLS executives and other critical industry partners.”
Category: antitrust
Supreme Court denies NAR’s appeal request in DOJ case
The Supreme Court didn’t explain its reasoning for the decision, which will now allow the Department of Justice to reopen its investigation into the association’s cooperative compensation rule.
Former Realtor president sues NAR over 3-way agreement
Agent Preston Moore decried his suspension following an ethics investigation he alleges was discriminatory and said he was “forced” to belong to NAR for MLS access.
‘Thank u, NXT:’ NAR steers clear of Clear Cooperation at its big event
A National Association of Realtors spokesperson told Inman that the trade organization is continuing to gather feedback on the pocket listing rule through “many channels.”
Broker files multimillion-dollar suit over ‘forced’ NAR membership
Maurice Muhammad alleges a “monopoly” by NAR, the state Realtor association and the local MLS limits competition, inflates prices, and disproportionately affects minority brokers and agents.
NAR rival seeks agents for possible class action over Clear Cooperation
The American Real Estate Association is looking for those ‘fined or otherwise harmed’ by the National Association of Realtors’ pocket listing rule and are interested in “collective action.’
NAR asks Supreme Court to weigh in on DOJ fight
The trade group’s petition leans heavily on the government’s promise to close investigations into the Clear Cooperation Policy and the Participation Rule.
Top Agent Network amends suit to focus on NAR as ‘real wrongdoer’
TAN CEO: “NAR is the architect and promoter of the disastrous Clear Cooperation Policy and is the only party with the power to rescind it”
Law professor creates contract with buyer interests in mind
University of Buffalo contracts law professor Tanya Monestier’s sample form makes clear the buyer is on the hook for buyer broker compensation so long as they successfully close a deal.
NAR rival AREA launches petition to end Clear Cooperation Policy
The American Real Estate Association’s call to end NAR’s pocket rule has drawn more than 2,000 signatures since Friday, according to group co-founder Jason Haber, a Compass agent.