The ShowingTime Settlement Is Yet Another Blow to MLS Monopolies

By Franco Faraudo

The landmark NAR settlement has only begun reshaping the residential real estate industry. Whether you believe Realtor associations qualify as a price-gouging conspiracy or not, the larger message being delivered by the courts is that real estate associations cannot dictate industry practices. NAR has settled the commission-splitting lawsuit, and its member MLSs were spared damages. […]

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