
"In emailed statements, spokespeople for both NAR and Zillow expressed their pleasure that the petition was denied. Zillow was founded on increasing transparency in real estate, and we have a long history of advocating for practices and launching products that do just that. This decision reinforces our long-standing commitment to transparency, innovation and prioritizing consumers, a Zillow spokesperson wrote."
"The NAR spokesperson added that since day one the trade group did not believe the now defunct no-commingling rule violated antitrust laws. Both the district court and the Ninth Circuit Court of Appeals affirmed this, and we are pleased their rulings will stand. Local MLSs play a key role in fostering transparent, competitive and fair housing markets by delivering consumers the most accurate and up-to-date information on home listings, the NAR spokesperson added. While the optional rule is no longer in effect, NAR remains committed to protecting the benefits MLSs provide agents, consumers, and the industry."
REX filed an antitrust lawsuit in March 2021 against NAR and Zillow alleging that NAR's optional no-commingling rule and Zillow's website redesign to follow that rule violated antitrust laws. U.S. District Judge Thomas Zilly dismissed REX's antitrust claims in a summary judgment ruling. The Ninth Circuit Court of Appeals affirmed the dismissal and denied a rehearing in April 2025. REX petitioned the Supreme Court for review; the Supreme Court denied the petition, leaving the lower-court rulings in place. Zillow emphasized its commitment to transparency and consumers, and NAR said it never believed the rule was anticompetitive and praised the rulings while reaffirming MLSs' role.
Read at www.housingwire.com
Unable to calculate read time
Collection
[
|
...
]