Court throws out pocket listing lawsuit against NAR and MLS
5 Replies
Michael C Williams
Real Estate Agent from San Francisco
posted 22 days ago
Big development in the fight against the "cartel". Would love to hear everyone's opinion on this ruling.
Russell Brazil
(Moderator) -
Real Estate Agent from Washington, D.C.
replied 22 days ago
Its hard to tell how serious I should take this article when it is referring to what I think is supposed to be "lawsuit" as "swimsuit."
Michael Williams
Real Estate Agent from San Francisco
replied 22 days ago
@Russell Brazil I'd post the Inman link but most people don't have access. Here is the original source: https://www.inman.com/2021/02/...
Steve Vaughan
Rental Property Investor from East Wenatchee, WA
replied 21 days ago
Originally posted by @Michael C Williams :Big development in the fight against the "cartel". Would love to hear everyone's opinion on this ruling.
I thought this was the swimsuit against basically forcing the sellers that list (supposedly negotiable) to compensate any 'cooperating' buyers' representation/agent/brokerage.
Cooperating LOL Yeah, cooperating against you as the seller.
We all love paying for the privilege of having someone negotiate against us, but I don't think this swimsuit holds water😎
Scott Mac
from Austin, TX
replied 21 days ago
[from media article] "... discovering that the plaintiff’s arguments are so flawed that the case can’t be saved. ..."
Law firm spinning it's wheels in the mud for fees maybe? (Lawyer needs a new Mercedes and business was slow maybe?)
Lawyer incompetence maybe?
No real grounds for case maybe?
Who knows???
From that media statement (if it's even true) , maybe another law firm should take a look at it.....
Just my 2 cents.
Michael C Williams
Real Estate Agent from San Francisco
replied 21 days ago
@Steve Vaughan There are a few lawsuits filed right now against NAR and various MLS's around the country. The one you may be thinking of is the Chicago DoJ vs NAR one that was settled. But it won't be the last I'm sure.