The real estate industry, the National Association of Realtors (NAR) in particular, has been fighting charges of anti-competitiveness for years. In 2001 the Federal Reserve and the Department of the Treasury published a proposed rule as an antidote to this perceived problem. It recommended that financial...
It has been almost a year since Congressman Michael Oxley (R, Ohio), Chairman of the House Committee on Financial Services, wrote a letter to the General Accountability Office (GAO) asking questions about the state of competition in the real estate industry . In June 2005 he was joined by the ranking...
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...