Big NEWS! Congrats to REALCOMP II in this victory! This is a major victory for ALL REALTORS®!

ALJ Issues Initial Decision Dismissing Complaint Against Michigan Realtors' Group

Administrative Action Against Realcomp II, Ltd. Began in October 2006

In an initial decision filed on December 10, 2007 and announced December 13, 2007, Chief Administrative Law Judge (ALJ) Stephen J. McGuire dismissed a Federal Trade Commission complaint issued last year against a realtors' group in southeast Michigan, ruling that "upon review of the totality of the evidence . . . it is determined that Complaint Counsel has not met its burden" of demonstrating that the policies of Realcomp II, Ltd. (Realcomp) have unreasonably restrained or substantially lessened competition in the relevant market. McGuire accordingly concluded that Complaint Counsel had not shown that the group's policies resulted in "actionable consumer harm" in violation of Section 5 of the FTC Act.

 Read more from the FTC

Read the Realcomp Announcement

Thank you to everyone who has supported REALCOMP II 

 
Post is included in group: Macomb County Michigan REALTORS®

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Real Estate Agent: David Elya ABR, e-PRO, GRI - Broker Owner (WEICHERT, REALTORS® - Excel)
David Elya ABR, e-PRO, GRI - Broker Owner
Shelby Township, MI
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WEICHERT, REALTORS® - Excel

Office Phone: (586) 323-7000
Cell Phone: (586) 286-3283
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Read the premiere Macomb County Michigan blog. David Elya is the full-time Broker Owner of WEICHERT, REALTORS® - Excel in Shelby Township, Michigan. David is a licensed builder, specializing in single family, new construction, multi-family, condominium and vacant land in Macomb County, Michigan.

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