Is NAR’s Change to Its “Participation Rule” an Admission of Guilt

By Franco Faraudo

For over a hundred years, real estate in America has been sold under the agreement that a commission would be split by both the buyers' and sellers' agents. This basic understanding is what was eventually codified by the National Association of Realtors (NAR) when they built their MLS system. NAR included a "participation rule" that […]

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