Industry experts at KBW have raised concerns regarding the Department of Justice’s potential scrutiny of the workaround established in the National Association of Realtors’ settlement agreement. The workaround in question involves off-MLS compensation, and analysts believe that the DOJ may view this as a violation of antitrust regulations.
Key points from the text include:
– Analysts at KBW express belief that the DOJ will find fault with the off-MLS compensation workaround created by NAR’s settlement agreement
– Off-MLS compensation may be seen as a potential antitrust violation by the Department of Justice, according to industry experts in the mortgage industry.
Overall, industry professionals are closely monitoring the situation as regulatory authorities continue to examine the implications of the workaround. Developers and real estate professionals may need to prepare for potential changes in the industry as a result of the DOJ’s investigation.
You can read this full article at: https://www.housingwire.com/articles/doj-will-intervene-in-nars-commission-lawsuit-settlement-kbw-analysts/(subscription required)
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