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Pocket Listing Lawsuit Sets Trial Date, with Clear Cooperation in the Spotlight

The antitrust lawsuit targeting the controversial MLS policy could see a jury next year, as NAR will consider a repeal.

Home Agents
By Claudia Larsen
September 6, 2024
Reading Time: 3 mins read
4
Clear Cooperation

Top Agent Network, Inc. vs. the National Association of REALTORS® has officially set a trial schedule and date for 2025.

TAN vs. NAR is a little different from the many other antitrust cases currently circling the real estate sphere. The non-commission based case alleges that defendants NAR and San Francisco Association of REALTORS® specifically blacklisted Top Agent Network, and used the Clear Cooperation policy to monopolize real estate listing services in violation of antitrust statutes.

The trial date is set for Nov. 3, 2025, with the cutoff for discovery set for Feb. 28 and a range of dates between leading up to the pre-trial conference set for Oct. 21.

At a court hearing today, lawyers representing the defendants did attempt to argue for a few more months of discovery, hoping to delay the case most likely into 2026. Judge Vince Chhabria, however, denied this, stating that “this case has dragged on long enough… this is an issue that needs to get resolved and it needs to be a priority for the parties to get it resolved.”

The Clear Cooperation conversation

TAN vs. NAR has had much conversation surrounding MLS rules, specifically on the issue of NAR’s Clear Cooperation policy and whether it should be repealed.

Conversation has sparked even more since the DOJ has stated they are still intent on investigating Clear Cooperation—although due to NAR’s recent appeal they agreed to delay their investigation until after the Supreme Court rules.

“I think it’s not ‘Clear Cooperation.’ I think it’s forced cooperation,” Compass CEO Robert Reffkin said, as part of a one-on-one interview with RISMedia Founder and CEO John Featherston during the recent CEO & Leadership Exchange. “The thing I’d like to see is MLSs having people use them because they want to, not because they’re forced to. And I think that is inevitable. We need to do that before lawyers make us do that.”

“NAR senior leadership should just say, ‘This is not worth the risk,’ and we move on,” Reffkin added

A Compass spokesperson told RISMedia via email that they are “one of nearly 70 brokerages” currently calling for an end to clear cooperation.

NAR’s Katie Johnson acknowledged at CEO & Leadership Exchange conference that Compass has officially submitted a proposal to reconsider or repeal the Clear Cooperation, which will be taken up by the  MLS Technology and Emerging Issues Advisory Board on Sept. 13.

On the other hand, there are still many in the industry who support Clear Cooperation and disagree with Reffkin’s calls on it.

“I fundamentally disagree with Robert. I fundamentally believe in organized real estate and how it functions in North America. We have a complete, accurate, liquid marketplace, which is the beauty of the MLSs,” said eXp Realty CEO Leo Pareja. “I think what Robert is saying is selfish, and it’s not good for the consumer. We have to stop worrying about our stock price and take care of buyers and sellers.”

This is a developing story. Stay tuned to RISMedia for updates.

Tags: AntitrustAntitrust LawsuitClear CooperationDOJFeatureLawsuitsNARNational Association of REALTORS®Real Estate LawsuitsSan Francisco Association of RealtorsTAN vs. NARtop agent networkTop Agent Network vs. NAR
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Claudia Larsen

Claudia Larsen is an associate editor for RISMedia.

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