How Did the NAR Lawsuit Change the Real Estate Industry?
Throughout real estate history, the National Association of Realtors has fought for the rights of homebuyers and realtors to work together. However, a class action lawsuit named NAR as a defendant in the lawsuit. This has led to a change in how the association conducts its business. A new policy and training program has been created that is consumer friendly.
NAR Agrees to Adopt Antitrust Compliance Training Programs
The Department of Justice has challenged several policies and practices implemented by the National Association of Realtors (NAR). According to the Department of Justice, NAR’s challenged rules hindered real estate competition and increased home buyers’ prices. (more…)
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