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Dept. of Justice VS National Asscation of Realtors-----Article from Michael Parker

By
Services for Real Estate Pros

While sifting through emails this morning the article below caught my attention, and I really hope it offers other of you some insight into how to prepare for the future. Please do read on, and if you know Michael Parker Thank him for providing this incredibly important information to us all. My mother has always said..."Forewarned is Forearmed"! After reading the full aritcle please add your thoughts and comments...

 

DOJ vs NAR®

What it might mean to you and what you might want to start doing today.

by Michael Parker

With all the uncertainties facing the real estate industry today, none has more far-reaching possible implications than the ongoing legal battle between the Department of Justice and the National Association of Realtors®. Nothing less than the entire business model of NAR® is at issue, with the government challenging the commission structure, the MLS process, the ownership of your listings, even who may access your listings.

© 2007 Mike Parker mparker@TheBlackwaterCG.com .

Link to full article:

http://www.brokeragentnews.com/news/residential/2007_7/7_5_2007_ds_1183696736.html

Comments(1)

John Occhi
Excellence in Real Estate Tm @ Allison James Estates & Homes - San Jacinto, CA
ePRO, Five Star Certified, Riverside Cnty REO Expert, 951.443.6259

Personally I thing there is another frontal attack on us - in conspiracy with the DOJ and that is the Banks who want to be in the real estate business as well.  Watch and see, if (when) there is a shake up, the banks will have amajor role in the restructuring of our industry.

Blessings,

John Occhi, Hemet CA REALTOR
Mission Grove Realty

Jul 07, 2007 04:01 AM