Executives mostly applauded NAR’s decision to salvage the policy Tuesday, saying the trade group struck the right balance between reform and preservation. But the change didn’t satisfy everyone.
Category: Clear Cooperation Policy
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.
Trump’s AG pick promises to pursue antitrust enforcement
Bondi affirmed that the enforcement of antitrust laws would be a “priority” for her as Attorney General, which suggests that the real estate industry should be prepared for investigations into its practices to continue in full force.
Will anybody win the Clear Cooperation fight? The Download
Industry heavyweights continue to weigh in on the future of the Clear Cooperation Policy. What’s your take?
Majority of real estate pros support Clear Cooperation, Intel Index finds
Supporters of the policy outnumber critics nearly 3-to-1, according to new data from the Inman Intel Index survey. Agents at larger brokerages were more receptive to the criticisms, Intel found.
Compliance and off-market listings: The fiduciary duty at play
Regardless of the CCP’s future, fiduciary duty remains a constant in real estate practice, demanding an unwavering commitment from licensees, Summer Goralik writes.
‘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.”
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”