Recent statements from industry leaders on clear cooperation policies (CCP) have sparked debate, particularly in light of the DOJ's revised stance post-Participation Rule repeal. While some argue CCP limits sellers' choices, others believe it leads to more pocket listings. The clarity from the DOJ indicates they don't currently view CCP as inherently anticompetitive. However, legal pressures may arise from attorneys over compliance with CCP. The evolving narrative within the industry reflects ongoing divisions regarding the intentions and outcomes of these policies.
"The Division has not taken a position that such policies standing alone are anticompetitive, suggesting a nuanced view on cooperation policies after the repeal of the Participation Rule."
"Inman News reported that Compass CEO stated the DOJ sees CCP as restricting homeseller choices, while eXp Realty's CEO warned of potential legal repercussions for those violating CCP."
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