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NAR Pushes Back at DOJ Attempt to Abandon Settlement

NAR Pushes Back at DOJ Attempt to Abandon Settlement
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DOJ Hints NAR s Pocket Listing Policy May Be In Its Crosshairs

Inman Connect Less than two weeks after the U.S. Department of Justice pulled out of a proposed settlement with the National Association of Realtors to broaden its investigation into the trade group’s rules, the agency has provided a big clue as to one of the rules it will be digging into: the Clear Cooperation Policy. In May 2020, The PLS, formerly a private listing network for real estate agents, filed a federal antitrust lawsuit against NAR and two large multiple listing services over the controversial policy, which requires listing brokers to submit a listing to their MLS within one business day of marketing a property to the public in order to curb pocket listings.

They Came For 2-Sided Deals — Then A Pocket Listing Debate Broke Out

They Came For 2-Sided Deals — Then A Pocket Listing Debate Broke Out
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