The trade group’s petition leans heavily on the government’s promise to close investigations into the Clear Cooperation Policy and the Participation Rule.
Category: doj
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”
How can I really be sure sellers will pay the buyer’s agent (me)?
The new commission rules are confusing. Compliance expert Summer Goralik unpacks whether it’s possible to confirm if a seller is willing to compensate buyer’s agents.
Clear Cooperation takes center stage, faces pressure to change
Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules.
DOJ takes aim at RealPage rent-pricing algorithm in antitrust suit
“Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law,” Attorney General Merrick Garland said on Friday.
Is it possible to market a seller wanting to offer a concession?
With all the commission confusion as we near the Aug. 17 implementation deadline, compliance expert Summer Goralik is here to answer your burning questions, starting with concessions.
Judge denies stay order after plaintiffs argue against NAR deal
Attorneys for the plaintiffs in a case now known as Moratis stress that NAR’s proposed settlement won’t stop “a key element of the antitrust conspiracy” and might take years to go into effect.
FBI raids Atlanta office of apartment operator Cortland
Investigators searched the company’s office as part of an inquiry into alleged apartment price-fixing in the multifamily industry.
Will dual agency become common after NAR’s settlement?
Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as “double ending.”
Will lawsuits end 6% commissions? Probably not, 1 law professor says
A provision in NAR’s settlement barring listing agents from offering buyer agents compensation is “largely symbolic,” USC professor Jordan Barry said Friday at a University of Minnesota conference.