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Landmark Call-Action Lawsuit vs. (NAR) National Association of Realtors
A federal jury’s landmark ruling could upend how Americans buy & sell homes. This is an interesting ruling that was just handed down after a Missouri jury found The NAR (National Association of Realtors) and others guilty of collusion to maintain commissions.
PLEASE READ THIS ARTICLE AND RESPOND IN THIS FORUM.
mpamag.com
NAR’s commission collusion case rattles real estate industry
Missouri verdict opens Pandora's box of lawsuits and potential overhaul in how homes are sold
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4 Replies
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Thanks for sharing your input
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I have more news coming on this topic tomorrow
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Dustin Dumestre, how will this verdict against the National Association of Realtors affect loan officer and real estate agent referral partner relationship?
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Hector, that is a great question. I think L.O. to agent referral networks are important and will survive this ruling. The issue I see is how the real estate agencies themselves restructure to stay highly profitable. My opinion is real estate agents are a necessary part of the home-buying process. I think commissions may be drastically reduced for agents.
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