Realogy drops a bomb on NAR, The National Association of Realtors to end a requirement that listing brokers offer commissions to buyer brokers in order to submit listings to Realtor-affiliated multiple listing services. Realogy revealed in an unsealed legal filing revealed that Realogy, along with NAR, REMAX, Keller Williams, and HomeServices of America are defendants in multiple antitrust lawsuits from home sellers and homebuyers that seek to have the homebuyers pay their broker directly, rather than have listing brokers pay buyer brokers from what the seller pays the listing broker.
ARTICLE LINK: https://www.inman.com/2022/01/07/agents-slam-realogys-call-to-end-mandatory-nar-participation-rule/
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