DOJ Withdraws Objection to MLS PIN Settlement
4 Articles
4 Articles
DOJ withdraws objection to MLS PIN settlement
The Department of Justice (DOJ) has withdrawn its objection to MLS Property Information Network (MLS PIN)’s preliminary settlement of the Nosalek commission lawsuit after the two sides negotiated amended terms. In a court filing on Thursday, MLS PIN and the plaintiffs disclosed that the former will prohibit offers of cooperative compensation on its platform, which other MLSs agreed to ban after the National Association of Realtors (NAR) settled …
DOJ Drops Objections to MLS PIN Settlement After Commission Sharing Ban
MLS PIN, after being the first entity to strike a settlement deal in the commission lawsuits, has now changed its agreement to align with the National Association of REALTORS®’ (NAR) deal, removing commission offers from its platform—at least in part to appease the Department of Justice (DOJ). In a court filing today, lawyers for the… The post DOJ Drops Objections to MLS PIN Settlement After Commission Sharing Ban appeared first on RISMedia.
Putting a pin in it: The Tipline for 29 May 2025
The Department of Justice will no longer object to a group of home sellers’ planned settlement over claims that MLS Property Information Network (PIN) illegally overcharged for broker fees. Today, the parties said they planned to remove a DOJ-opposed provision that would allow brokers to disclose some of their commission rates. The DOJ plans on “otherwise retaining all rights to bring a separate enforcement action”, the filing said. Also in Tipl…
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