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Zillow victorious in false advertising suit with discount brokerage

Housing Wire

Real estate giant Zillow came out victorious in its years-long legal battle with discount brokerage REX Real Estate. In January 2022, NAR filed a countersuit claiming that REX uses false advertising and misleading claims to deceive consumers in violation of the Lanham Act, but the countersuit was dismissed in late April 2022.

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Judge in Zillow suit allows REX’s false advertising claims to stand

Housing Wire

Just days after awarding Zillow and National Association of Realtors (NAR) a major victory in their legal battle against REX Real Estate , the court made it clear that Zillow’s fight is far from over. A federal court judge concluded on Friday that in regard to REX’s false advertising claims against Zillow, the firm has proven “falsity.”

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The legal battle between REX Homes and NAR heats up?

Housing Wire

Discount brokerage REX Homes (Real Estate Exchange, Inc.) filed a motion on Thursday in federal district court in Seattle challenging the legality of the National Association of Realtors’ claims that REX pushes false advertising, which the trade group alleged in a countersuit filed late last month.

Legal 304
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REX appeals latest court ruling in its ongoing battle with Zillow

Housing Wire

REX Real Estate is back again trying to get a new trial in its false advertising lawsuit against Zillow. On Monday, the now defunct discount brokerage filed an appeal with the U.S. In mid-May 2022, REX ceased its brokerage operations.

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Judge dismisses antitrust claims against NAR, Zillow

Housing Wire

Though the National Association of Realtors is not out of the legal woods yet, the trade group does have reason to celebrate. Zilly also pointed out the unlike other brokerage, Zillow continued to display REX’s listings. In mid-May 2022, REX ceased its brokerage operations.

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‘Don’t panic:’ KW executives address agent questions on NAR commission settlement

Housing Wire

Cooperative compensation is still legal,” Papasan stressed. From there, the executives went on to address questions of where and how agents could advertise offers of cooperative compensation. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.

Agents 380
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Chaos, consolidation and opportunity: Experts weigh in on what NAR’s settlement means for the industry

Housing Wire

With several of the major brokerage houses already having settled, NAR was in the untenable position of fighting to protect a business model that was already compromised by the settlements.” An industry insider at a top brokerage shared a similar sentiment. “We Almost any time in history the U.S.

Agents 426