This came in from NAR today:
"As you are aware, REX (Real Estate Exchange, Inc.) filed an antitrust lawsuit in March 2021 against Zillow, Trulia and NAR, taking issue with Zillow's decision to distinguish between properties listed on the MLS vs. those that are not.
Earlier today, a federal judge in the Western District of Washington granted NAR's Motion for Summary Judgment, dismissing the claims against NAR and dropping NAR as a party to the litigation. We are pleased with the court's decision and its recognition that the allegations in this case do not have merit. The plaintiffs have the ability to appeal the decision. However, this is a positive and encouraging development for REALTORS® and the entire real estate industry.
Even after today's favorable ruling, we will continue to prepare for this trial and other future litigation challenges. As part of that effort, we engage with the media to amplify positive stories and showcase public support of NAR from independent, credible groups. We are also updating communications materials and platforms based on the latest issues and developments like the competition.realtor website that acts as a key resource for our members, the media and other influencers.
You can also share or reference portions of our media statement on the REX matter below:
We are pleased with the court's decision that effectively ends this case against NAR. NAR guidelines acknowledge that each real estate market is different, allowing for independent multiple listing services (MLSs) to choose whether their listings are displayed with listings from other data sources. Local MLSs benefit competition and fair housing, and provide consumers with the most accurate, transparent and up-to-date information on home listings."
This is wonderful news!