Friday, 24 May 2019

NAR looks to nix lawsuit over buyer-broker commissions

Defendants have filed a motion to dismiss a March 6 complaint alleging that Realogy, HomeServices of America, Keller Williams and RE/MAX violated antitrust law by requiring a “blanket, non-negotiable offer of buyer broker compensation” when listing a property on a multiple listing service. The complaint, filed by Christopher Moehrl, a home seller from Minnesota, alleges that the “Buyer Broker Commission Rule” has inflated costs for sellers. The National Association of Realtors, a co-defendant in the […]



source https://therealdeal.com/national/2019/05/24/nar-looks-to-nix-lawsuit-over-buyer-broker-commissions/#new_tab

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