With Antitrust Suits Dropped, Is the Real Estate Industry Getting Its Way?

  • ⚖️ A jury awarded $1.78 billion in damages in the Sitzer/Burnett v. NAR antitrust case.
  • 🏠 DOJ withdrew from a proposed settlement with the NAR to pursue broader antitrust investigations.
  • 📉 Civil lawsuits are pushing the industry toward separate commission structures.
  • 📊 MLSs are experimenting with rule changes to improve commission clarity.
  • 📈 Consolidation among brokerages is speeding up as the legal situation gets more complex.

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Introduction

Antitrust actions in real estate have caused a big change. These actions challenge old ways and lead to reforms from both big organizations and small groups. The Department of Justice (DOJ) may seem quieter in 2025, but more investigations and big lawsuits keep changing how agents, brokerages, and associations work. This is especially true in busy markets like Las Vegas. Is this the end of enforcement? Or is it just the start of a quieter but equally powerful change?


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What Prompted Real Estate Antitrust Scrutiny

Historically, homebuyers and sellers in the U.S. have accepted the usual commission setup. This is typically 5% to 6% of the sale price. They have largely done so without question. This commission is usually split between the buyer's and the seller's agents and paid by the seller. MLS platforms and brokerage practices have made it so standard that many see it as a set rule, not something you can discuss.

But consumer advocates and regulators began asking if these standard commission practices actually hurt competition. Critics say these practices make fees too high, give consumers fewer choices, and hide how the market really works. The National Association of Realtors (NAR) largely controls the MLS. It requires home sellers to offer buyer agent pay to list their homes there. Because of this, many believe these systems create a setup that acts like price-fixing.

The DOJ formally turned its attention to this issue in 2020. They started an investigation that put big real estate groups under close legal review. Specifically, they looked at NAR policies and how they affected commission clarity and competition.


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DOJ Antitrust Enforcement: Beyond the Headlines

Real estate has not been a main focus in DOJ press releases this year. But it would be wrong to think the agency has lost interest. In fact, the DOJ made a strong move in July 2021. It pulled out of its first settlement with NAR. This was so it could continue a wider investigation into actions that hurt competition in the industry (United States Department of Justice, 2021).

This withdrawal let the antitrust division look more closely at NAR's rules. They focused on those about how brokers get paid and how buyers find homes. This bold step showed the DOJ wanted more than just to regulate. It wanted to change the basic way brokers work together and get paid.

Commentators, like former DOJ attorney Bonnie Reusch, say the quiet but strong activity of these investigations shows they are still serious. “Cases like these don’t go away quietly,” she explained. She hinted that internal investigations and legal preparations might be more active than they seem (Reusch, 2023).


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The Rise of Private Civil Lawsuits

Even as the DOJ conducts its deeper investigation, private individuals have stepped up to act where the DOJ was quiet. Many class-action lawsuits are now questioning the current situation and making the issue known across the country.

Moehrl v. NAR

This lawsuit began in 2019. It targets the main brokerages and the National Association of Realtors. The plaintiffs say that NAR’s rules about shared compensation break antitrust laws. They claim this makes buyer broker commissions too high and limits discussion over fees. The plaintiffs argue that if commissions could be openly discussed and were not required by MLS rules, consumers would likely pay much less.

Sitzer/Burnett v. NAR

In October 2023, a Missouri jury made a very important legal decision for real estate. It found that NAR and several large brokerages worked together to fix commission rates. The jury awarded a huge $1.78 billion in damages. They said the policies of these groups had hurt home sellers who paid too much commission without knowing it (Kass, 2023).

Legal experts think this case could cause big changes in how commissions are set up across the country. And then, brokerage firms, MLS operators, and real estate regulators are closely watching the impact.


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Changing Commission Standards: A Big Change in Structure

The market is now moving away from bundled commissions. Experts call the new models "separate."

What is Decoupling?

In a separate commission system, buyer and seller agents are paid separately by their own clients. This means a buyer who wants professional help would discuss that fee directly with their agent. It would not be indirectly paid by the seller through the home’s sale price.

Why It Matters

Separating commissions makes costs clearer. It may also give consumers back their power to negotiate. It gives agents a reason to clearly show their value, offer different services, and maybe charge fairer fees based on what they do or the home's price.

Some Multiple Listing Services are acting ahead of time. They are removing rules that required listing agents to offer money to buyer agents. This marks a big possible change for the industry. It moves from a fixed way of working to one based on agreements and client involvement.

Potential Complications

Making things clearer is widely seen as good. But some complications exist. For example, first-time buyers or those with little money may struggle to afford agent fees paid out of pocket. This risks making it harder to afford homes, especially in busy or expensive markets.


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Voices from the Frontlines: Steve Hawks and the Las Vegas Market

Las Vegas is one of the most active—and competitive—residential real estate markets in the U.S. For experienced agents like Steve Hawks, these industry changes highlight how important it is to guide clients toward clear understanding and good value. In uncertain times, his job goes past finding properties. It now includes speaking for clients, negotiating, and teaching.

For Hawks, the current shift is not just a legal or money concern. It is about client service. Clients want answers. They want to know why they are charged a fee, what value they get, and how they can best handle the buying or selling process. Agents who cannot answer those questions risk becoming unimportant.

And then, as policy and payment expectations shift, brokers with strong local knowledge will be the most ready to handle the changes and get the best results. Steve's success depends not only on closing deals. It also depends on keeping trust when things are hard. This quality will likely set apart the best agents tomorrow.


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The focus here is on real estate. But the DOJ’s antitrust division stays active across many sectors.

Tech Sector

The DOJ has taken high-profile actions against tech giants like Google and Apple. These cases involve claims about practices that create monopolies in digital advertising and app marketplaces. This suggests the agency is looking more closely at tech-focused areas.

Healthcare and Labor Markets

Healthcare mergers and noncompete clauses in labor contracts have also got new attention from regulators. The Biden administration has made it clear that helping people change jobs more easily and lowering consumer medical costs are high on the antitrust priority list.

Why It’s Relevant

These events show that antitrust actions are not going away. Instead, they are changing. Real estate may not be leading the news cycle right now. But enforcement efforts can come back quickly if there are new court decisions or political shifts.


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Impact on NAR and Industry Consolidation

NAR is facing many legal claims and money threats. Because of this, it is changing right now. Industry insiders say NAR is not only defending itself in court. It is also looking again at its main rules to make sure they follow regulations. This includes how agent commissions are shown in MLS platforms and materials for clients.

Brokerage Changes

Some brokerage firms, especially those traded publicly, have already updated how they share information. They have also changed their agent contracts to avoid more legal risk. Others are trying out two-price models where listing and buyer commissions are separate.

Big brokerages with compliance teams and legal resources will likely do better during this change. Smaller firms and independent operators may face hard choices. This is true especially as client expectations shift and legal risks go up.

A Situation of Consolidation

The real estate industry deals with legal issues. And pressure on how they work and make money is causing more firms to combine. Smaller firms struggling with compliance may merge or be bought by larger players. These larger players have the systems to change. This reshaping boosts the importance of experienced local agents. These are agents who combine trust from big organizations with quick and flexible client service.


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Buyer-Seller Relationships and Confidence in a Time of Change

Consumer trust is easy to lose. And legal upheaval just makes consumers more wary. In such a situation, clear communication, ethical practices, and clear service become key ways to stand out.

Buyers today want to know not only what they are paying, but why. They ask: “What do I get for this fee?” Sellers, too, are becoming more focused on details. They compare how active agents are, how far they reach in the market, and their plans.

In Las Vegas, property turnover and investment speed are high. Agents with strong skills, like Steve Hawks—and those who follow him—play a very important part. They can explain legal changes, put updated contract language into use, and show loyalty to clients. This sets them apart and reassures the market.


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Ripple Effects: What Las Vegas Can Expect

Las Vegas is a high-stakes market. Here, investor activity meets family housing needs. Because of this, policy changes can be felt quickly.

Short-Term Disruptions

In the coming year, uncertainty will affect how quickly homes are listed and sold. Agents and clients will both spend more time figuring out new rules and discussing contracts. Teaching and talking will become main parts of service.

Long-Term Opportunities

Costs will become clearer and more flexible. This means top agents can fit their services more exactly to what clients need. This could help more people join the market over time. It is especially true for clients who held back before because of unclear costs.

And then, moving toward clarity may encourage new technology in service delivery, pricing models, and how value is shown.


Conclusion: DOJ Enforcement May Be Quieter—But It's Far From Over

The Department of Justice may not be putting splashy lawsuits on the front page right now. But the way it enforces antitrust laws is still active. And big civil court decisions are holding the industry accountable.

For real estate professionals, this means doing nothing is not an option. Those who spend time understanding new rules, improving business models, and making client relationships stronger will win. Agents like Steve Hawks are already committed to clarity and speaking for clients in Las Vegas. They are proving that being able to change is the new way to build trust.

You might be buying your first home. Or you might be looking to sell in a changed market. Maybe you need an agent who can understand complex changes. In any case, working with experienced professionals who understand the changing situation is more important than ever. The rules are changing. And so, the value of good service only gets stronger.


Citations

United States Department of Justice. (2021). DOJ withdraws from settlement with NAR to pursue broader antitrust investigation into real estate rules. https://www.justice.gov/opa/pr/justice-department-withdraws-settlement-national-association-realtors-proceed-ongoing