Brokerage Design Legal Realtors 
Housing Wire
OCTOBER 2, 2023
Real estate giant Zillow came out victorious in its years-long legal battle with discount brokerage REX Real Estate. In mid-May 2022, REX ceased its brokerage operations. In a verdict announced late Friday afternoon, a jury in a U.S.
Housing Wire
JANUARY 26, 2024
“I was sitting on my couch and I saw Michael on CNBC calling us a cartel, saying that we take money that doesn’t belong to us, and I was infuriated at that rhetoric and I was infuriated at what that infers about Realtors,” Lamacchia said. “It It dehumanizes Realtors and turns us into money-making machines.”
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Housing Wire
JANUARY 2, 2024
The complaint argues that the NAR and the brokerage defendants collude “to impose, implement and enforce anticompetitive restraints that cause home sellers to pay inflated commissions on the sale of their homes, in violation of federal antitrust law.” “Because this blanket offer must be made available to every buyer-broker using the MLS (i.e.,
Housing Wire
SEPTEMBER 29, 2023
On Thursday, the defendants in the suit, which now consist of only the National Association of Realtors , Keller Williams and HomeServices of America after both Anywhere and RE/MAX filed settlement agreements , filed a motion objecting to the purported withdrawal of the named plaintiffs of the eve of the trial.
Housing Wire
AUGUST 17, 2023
Though the National Association of Realtors is not out of the legal woods yet, the trade group does have reason to celebrate. In the order, Zilly noted that NAR’s No-Commingling Rule was optional and that about 29% of Realtor-affiliated MLSs had not adopted the rule, without any repercussions from NAR.
Housing Wire
SEPTEMBER 28, 2023
After nearly 10 days of trial proceedings, Zillow is ready for its years-long legal battle with REX Real Estate to be over. A judgement as a matter of the law is permissible if there is no legally sufficient basis for a reasonable jury to find for the nonmoving party (in this instance, REX) on that issue.
Housing Wire
MARCH 8, 2024
JND Legal Administration is in charge of distributing the mailers, emails and press releases. The firm was appointed as the designated settlement administrator for the suit in 2022, over a year prior to any settlement agreements being reached. It is further exasperating the negative stereotype some people have of Realtors.
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