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REX petitions for a rehearing in lawsuit against NAR, Zillow

Summary by HousingWire
Defunct discount brokerage REX Real Estate is not giving up in its antitrust battle against Zillow and the National Association of Realtors (NAR).  On Monday, REX filed a petition of rehearing en banc with the Ninth Circuit Court of Appeals. It is appealing a U.S. District Court’s summary judgment ruling that NAR and Zillow did not break antitrust laws when NAR promulgated its no-commingling rule and Zillow redesigned its website in order to fol…
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HousingWireHousingWire

REX petitions for a rehearing in lawsuit against NAR, Zillow

Defunct discount brokerage REX Real Estate is not giving up in its antitrust battle against Zillow and the National Association of Realtors (NAR).  On Monday, REX filed a petition of rehearing en banc with the Ninth Circuit Court of Appeals. It is appealing a U.S. District Court’s summary judgment ruling that NAR and Zillow did not break antitrust laws when NAR promulgated its no-commingling rule and Zillow redesigned its website in order to fol…

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WAV Group ConsultingWAV Group Consulting

Is NAR Membership Declining Because of Open MLS?

NAR membership trends have historically followed the economy and the strength of the overall real estate market. As shown in the attached chart, NAR experienced significant membership growth following the market crash of 2008 to 2010 and continued on that growth trajectory until recently when the real estate market slowed significantly because of high interest rates and more limited buyer demand. While there have been minor decreases in membershi

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WAV Group Consulting broke the news in on Tuesday, March 18, 2025.
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