DOJ challenges NAR’s settlement, demanding stricter real estate regulations.

Sharing is Caring!

DOJ lawyer just told a judge the National Association of Realtors settlement doesn’t go far enough, and that they don’t want seller agents offering compensation to buyer agents on the MLS or anywhere else.

See also  Costco Is In Deep, Deep Trouble As CEO Warns About Major Challenges

Key points:

  • DOJ contests adequacy of NAR settlement in real estate practices.
  • Advocates for ban on seller agents’ MLS compensation offerings.
  • Uncertain stance on intervention in related Sitzer/Burnett lawsuit.
See also  Visa, Mastercard $30 billion swipe fee settlement rejected by US judge

Source:

finance.yahoo.com/news/doj-offers-agent-compensation-not-190858642.html

Views: 100

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.