DOJ still doesn’t want blanket offers of buyer broker compensation

While blanket offers of buyer broker compensation are still an issue for the DOJ, the agency wrote that this differs from the question of whether a private settlement is satisfactory. But due to the settlement being part of a private class-action suit, the DOJ said it does not “preclude any future enforcement actions by the United States.” 

“Nor would compliance with the proposed settlement or new MLS PIN rules implementing that settlement afford a defense to any such enforcement actions,” the filing continued.

News of the DOJ withdrawing its objections surfaced last week when MLS PIN and the Nosalek plaintiffs notified the court that they had reached a fourth amended proposed settlement.

In the amended agreement, MLS PIN has agreed to pay $3.95 million, the same…