National Association of Realtors finally caves on internet listing

The Justice Department and the National Association of Realtors reached a tentative settlement in an antitrust lawsuit. The NAR was seriously hampering the ability of newer, lower-cost realtors to list properties for sale online. As anyone who has recently gone house-shopping knows, you have to go to a traditional broker if you want to see all the houses on the market.

The settlement should ultimately bring down realtor commissions by finally allowing internet-based realtors to compete with traditional brokers when it comes to listing properties.

Justice Department Forces Traditional Realtors To Give Up Stranglehold on Internet Home Listings | Consumer Law & Policy Blog

Related: Minnesota Association of Realtors is #4 in lobbying dollars in Minnesota,Call an attorney already,Where to find help and an attorney,
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