New Year New NAR Lawsuit

[Non Sequitur]

The lead plaintiff is an appraiser, but she did file as as a real estate broker.

“The suit claims that the defendants have engaged in unlawful tying arrangements that compel membership to Realtor associations in order to gain access to MLS data.

“Such practices limit competition, harm consumers, and disproportionately affect all real estate professionals within the real estate industry,” the suit states. According to the suit, the local Realtor associations “require individuals to maintain membership with NAR, LRA, and a Realtor board within the state of Louisiana to qualify for membership in the MLS that serves the plaintiffs market area.”

The plaintiffs claim that the current membership structure does not provide all real estate licensees with equitable access to the data they need to do their job."

And NAR is digging its own hole:

“This suit joins others, including the Hardy suit, which was filed in Michigan in August, and the Eytalis suit filed in Texas in late November, with similar allegations.

In addition, NAR is currently in the process of revoking the charter of Phoenix Realtors(PAR) due to the local association’s decision to offer an MLS Choice membership option. This enables real estate licensees to become members of PAR and access the local MLS without becoming members of the Arizona Association of Realtors or NAR.”

NAR Lawsuit

NAR faces new lawsuit over membership structure in Louisiana

The suit takes issue with Realtor memberships, but the plaintiffs also claim the commission lawsuits caused them “severe emotional distress.”

www.housingwire.com

 

[Mejappz]

One of many lawsuits that will take place in the next four years. The GSEs are the prime target— waivers, theft of data, and just overall corruption. It’s fertile ground for all kinds of lawsuits Yes, it will make some here extremely depressed but that’s life.

 

[Fernando]

This is what happens when NAR caved in to the commission issue. Never should have settled. Weak leadership.

 

[Dublin ohio]

The lead plaintiff is an appraiser, but she did file as as a real estate broker.

“The suit claims that the defendants have engaged in unlawful tying arrangements that compel membership to Realtor associations in order to gain access to MLS data.

“Such practices limit competition, harm consumers, and disproportionately affect all real estate professionals within the real estate industry,” the suit states. According to the suit, the local Realtor associations “require individuals to maintain membership with NAR, LRA, and a Realtor board within the state of Louisiana to qualify for membership in the MLS that serves the plaintiffs market area.”

The plaintiffs claim that the current membership structure does not provide all real estate licensees with equitable access to the data they need to do their job."

And NAR is digging its own hole:

“This suit joins others, including the Hardy suit, which was filed in Michigan in August, and the Eytalis suit filed in Texas in late November, with similar allegations.

In addition, NAR is currently in the process of revoking the charter of Phoenix Realtors(PAR) due to the local association’s decision to offer an MLS Choice membership option. This enables real estate licensees to become members of PAR and access the local MLS without becoming members of the Arizona Association of Realtors or NAR.”

NAR Lawsuit

NAR faces new lawsuit over membership structure in Louisiana

The suit takes issue with Realtor memberships, but the plaintiffs also claim the commission lawsuits caused them “severe emotional distress.”

www.housingwire.com

Same setup here. NAR, OAR and CBR. Plus a one man appraisal office is charged the same as a RE broker. That is a total rip off since an appraiser cannot utilize the same features and benefits as a broker or agent.

 

[Fernando]

Same setup here. NAR, OAR and CBR. Plus a one man appraisal office is charged the same as a RE broker. That is a total rip off since an appraiser cannot utilize the same features and benefits as a broker or agent.

NAR does not have to give the privileged appraisers access to the MLS. Should be grateful they even can get it.

 

[Surf Cat]

One of many lawsuits that will take place in the next four years. The GSEs are the prime target— waivers, theft of data, and just overall corruption. It’s fertile ground for all kinds of lawsuits Yes, it will make some here extremely depressed but that’s life.

I'm depressed that robot dude is not here going ham on all these threads...