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

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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.

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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.
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Source:

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

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