The Department of Justice (DOJ) has raised concerns over the National Association of Realtors (NAR) commission lawsuit settlement, particularly focusing on the requirement for buyer broker agreements. The DOJ argues that this stipulation could potentially hinder competition among brokers when it comes to assisting home buyers in the market. In response to these allegations, the NAR must address the potential impact on broker competition as it moves forward with the settlement terms.
Key points from the text include:
– DOJ’s apprehension towards the NAR commission lawsuit settlement
– Focus on the requirement for buyer broker agreements
– Concerns about a potential decrease in broker competition for home buyers
– NAR’s need to address these issues to ensure fair competition within the industry.
You can read this full article at: https://www.housingwire.com/articles/doj-comes-out-against-nar-commission-lawsuit-settlement/(subscription required)
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