Battle Over Real Estate Listings Heats Up

The U.S. plans to file an antitrust suit against the National Association of Realtors for restricting access to real estate listings.

1 minute read

May 11, 2005, 7:00 AM PDT

By Chris Steins @planetizen

"The Justice Department is expected to charge that the NAR, in a proposed 2003 bylaw, illegally adopted practices intended to stifle Internet-based rivals and discounters, according to lawyers close to the case. These competitors often charge commissions below the traditional 6% that is divided between buying and selling agents."

[Editor's note: The link below is available to nonsubcribers for a period of six days.]

Thanks to Chris Steins

FULL STORY: U.S. Plans Antitrust Suit Over Real-Estate Listings

Tuesday, May 10, 2005 in Wall St. Journal

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