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Play video: Understanding NAR's $418 million antitrust settlement2:19
The Real Deal explainer on NAR's $418 million antitrust settlement.
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Compass CEO Robert Reffkin and executives Ashton Alexander and Cory Perkins have asked a court to throw out subpoenas issued by the National Association of Realtors in the PLS litigation. The executives argue the subpoenas are retaliatory and oppressive and are meant to discourage them from testifying.
California Regional MLS's CEO and general counsel responded publicly to the antitrust suit Compass filed against the MLS. According to the report, they argued that Compass's complaint itself raises questions about whether some of its agents are following NAR rules and California law.
The Eighth Circuit upheld the settlements in the Gibson commission case, weeks after affirming the landmark Sitzer/Burnett deals. The Sept. 1 ruling allows settlement payments to move forward, with the two cases accounting for most of the more than $1 billion in total settlements.
Play video: NAR This Week Update: Approval by the 8th Circuit Court of Appeals of the Sitzer-Burnett Settlement1:38NAR This Week update on the 8th Circuit Court of Appeals' approval of the Sitzer-Burnett settlement.
Play video: NAR's new broker commission rules are here | TRD News1:16The Real Deal news video on NAR's new broker commission rules taking effect.
Play video: How the NAR Settlement Affects Broker-to-Broker Agreements1:39National Association of REALTORS video on how the NAR settlement affects broker-to-broker agreements.
Play video: Window to the Law: Understanding New Rules on Offers of Compensation2:27NAR "Window to the Law" episode on the new rules for offers of compensation.
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