NAR Files Motion to Dismiss Anti-Trust Lawsuit over Buyer Broker Commissions
HousingWire, May 24, 2019–Jessica Guerin
The suit alleges that the MLS providers conspire with NAR to require sellers to pay buyer’s broker’s fees at inflated rates in violation of anti-trust laws, and that practice has “saddled home sellers with a cost that would be borne by the buyer in a competitive market.” NAR contests this assertion, claiming that it has no role in determining the buyer broker’s fee.
