The U.S. Department of Justice (DOJ) announced on Tuesday that it had reached a proposed settlement with the National Association of Realtors� (NAR) to end a long-simmering dispute over the use of multiple listings on the Internet . The basis of the dispute and an eventual anti-trust lawsuit against...
A few months ago we reported on testimony given before a subcommittee of the House Financial Services Committee, largely targeting the National Association of Realtors for what was termed anti-competitive activities. Detractors - and they outnumbered supporters, charged that real estate brokerage is...
After a parade of seven witnesses (plus Full Committee Chair Michael Oxley) who appeared before the House Banking Subcommittee on Housing and Community Opportunity to testify about alleged limitations on competition from Internet competitors by the National Association of Realtors� and its affiliated...
This space generally reports on what is going on in the real estate and mortgage industry; rates, suggestions on buying or selling, news about Fannie Mae, Freddie Mac, or what is happening in building, the law, and so forth. Most of the time we try to do so objectively. Well stand by for a little attitude...
And so to continue the saga of the current bedevilment of real estate agents in general and the National Association of Realtors in particular. (First of all, thanks to Lew Sichelman, a nationally syndicated writer on housing, for correcting us on Part One of this short series. It was not the General...
If officials of the National Association of Realtors are looking a little beleaguered these days one can hardly blame them. Not only are state real estate licensing authorities being sued by the U.S. Department of Justice in several states for various rules and regulations that may be protecting agent...