The National Association of Realtors (based in Chicago) dumped $200,000 into the No-on-1 campaign. NAR is under investigation by the US Dept of Justice for alleged antitrust behavior.
US home sellers' class action over buyer commissions heads to trial
Oct 17 (Reuters) - A trial is kicking off this week against the National Association of Realtors (NAR) and several real estate companies that are accused of working together to artificially fix the commissions that home sellers pay to buyers' agents.
The National Association of Realtors (based in Chicago) dumped $200,000 into the No-on-1 campaign. NAR is under investigation by the US Dept of Justice for alleged antitrust behavior.
US home sellers' class action over buyer commissions heads to trial
Oct 17 (Reuters) - A trial is kicking off this week against the National Association of Realtors (NAR) and several real estate companies that are accused of working together to artificially fix the commissions that home sellers pay to buyers' agents.
https://www.reuters.com/legal/litigation/us-home-sellers-class-action-over-buyer-commissions-heads-trial-2023-10-17/
The National Association of Realtors (based in Chicago) dumped $200,000 into the No-on-1 campaign, chump change for a company with $1 billion in assets which literally owns the trademark for the word "realtor." https://www.nytimes.com/2023/08/26/realestate/national-association-of-realtors-sexual-harassment.html?unlocked_article_code=1.5Uw.Y-_I.lA4obMo4pulk&smid=url-share
Blah, blah, blah. The activists are crying ... and it is good.