The U.S. Supreme Court has denied NAR’s appeal, allowing the DOJ to continue its investigation into the association’s commission practices and listing policies, including Clear Cooperation, marking a significant turn in their ongoing legal battle.
As NAR officials prepare for a meeting this week on its Clear Cooperation policy, industry leaders are debating what is also known as the pocket listing ban, with some calling for its removal and others defending its impact on equal housing access.
An Appeals Court ruling on Friday, April 5, allows the DOJ to resume its investigation into NAR’s commission-sharing policies.
Andrea Freedlund filed a complaint on February 26 in the Central District of California, accusing Redfin, NAR, and CAR of conspiring to inflate real estate agent commissions. This is the third lawsuit in California, and it specifically targets Redfin.
Nevada faces a second commission lawsuit, with a total of 22 defendants named in a complaint filed on February 16, 2024.
Nevada has become the latest state facing commission lawsuits, with Realtor associations and MLSs named as defendants in a case filed on January 15, 2024.
Stay up to date on the biggest lawsuits impacting the real estate industry. Continuously updated with the latest developments.
Four plaintiffs in the Sitzer/Burnett class action lawsuit took the stand on Wednesday and Thursday (October 18-19) to challenge the real estate industry’s commission structure.
On Day 3 of the Sitzer/Burnett trial, lead attorney Michael Ketchmark questioned RE/MAX CEO Nick Bailey, former Coldwell Banker CEO M. Ryan Gorman, and Keller Williams University executive Meredith Maples.
A little more than a week before the Sitzer/Burnett class action suit goes to trial, NAR reversed course and said it’s now allowing listings with $0 for buyer compensation.
In a small win for NAR, United States District Judge Timothy Kelly ruled that settlement terms agreed to in 2020 are valid, including the closure of the Antitrust Division’s investigation into NAR’s Participation Rule and Clear Cooperation Policy.
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