It looks as though the legal battle between the National Association and Zillow against REX won’t be ending anytime soon—even with word that the brokerage has cut all of its agents.
Inman is reporting that REX has retained powerhouse attorney David Boies (famous for representing Al Gore, the disgraced Theranos and the federal marriage equality plaintiffs) in its ongoing suit against NAR and Zillow. The lawsuit stems from alleged antitrust violations.
In an e-mail to Inman, Boies confirmed his involvement, saying “the case is important to enhancing competition in housing markets.”
The timing, of course, is interesting. According to Real Trends, REX Chief Compliance Officer Steve Dawson e-mailed REX agents last week and directed them to immediately “transfer your license over to a new brokerage of your choice.” Effectively disbanding the brokerage from doing further business.