Michigan Brokers File Antitrust Lawsuit Against NAR

Aug 13, 2024, 11:48 AM

Michigan real estate brokers have filed an antitrust lawsuit against the National Association of Realtors (NAR). The lawsuit challenges the compulsory membership requirement for accessing the Multiple Listing Service (MLS) following the removal of the guaranteed broker commission from the MLS. The complaint alleges that NAR mandates membership to control access to the MLS, effectively holding it hostage for those who pay membership fees. This legal action is part of a broader scrutiny of NAR's practices, with similar questions being raised by agents across the country.