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alternative real estate business model: Consumer Warrior Clark Howard praises alternative model real estate brokers - 06/06/08 10:37 AM
I don't know if anybody listened to Clark Howard's radio show yesterday. He did a segment on the recent lawsuit settlement between the National Association of Realtors (NAR) and the U.S. Department of Justice. He went so far as to call NAR a "cartel" on his radio show. Pretty strong words.
The bottom line is that he was happy to hear that finally NAR has recognized (although a decade too late and at the threat of heavy fines) that alternative model real estate brokerages are becoming more and more commonplace in our capitalistic society. You can read what Clark has to say on his website.
I am all … (3 comments)
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alternative real estate business model: Department of Justice vs. National Association of Realtors lawsuit has come to a settlement - 05/28/08 04:16 PM
After 3 long years, the the U.S. Department of Justice and the National Association of Realtors have reached a settlement in their lawsuit. In 2005, the DOJ filed a lawsuit against NAR for alleged anti-competitive rules regarding sharing of internet data and usage of the MLS. The DOJ even went so far as to create a website regarding anti-trust and anti-competitive practices. The DOJ has also gone after specific State laws and Realtor associations that they believe had rules that violate federal anti-trust laws.
Here are some links about the lawsuit: From Realtor.org and From the DOJ
The good part of this settlement is that the MLS is still going to … (3 comments)
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Rob Arnold, metro Orlando full service, investor friendly & foreclosure Realtor
Altamonte Springs,
FL
More about me…
Sand Dollar Realty Group, Inc.
Address: Apopka, FL, Longwood, FL, Winter Springs, FL, Casselberry, FL, Orlando, FL, Deltona, FL, Debary, FL, , Altamonte Springs, FL, 32714
Office Phone: (407) 389-7318
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My thoughts on the real estate industry, real estate investing, rental properties, mortgages, listing houses in the MLS, government and legislative issues affecting real estate brokers and investors. Serving metro Orlando & most of Florida.
Rob Arnold - ABR, CPL, CRB, CSP, GRI - Managing real estate broker, Notary Public
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