The Department of Justice (DOJ) has taken notice of a controversial optional rule within the National Association of Realtors (NAR) that allows for the mixing of Multiple Listing Service (MLS) and non-MLS listings. This move signifies a potential investigation into the implications of such a rule on competition within the real estate market.
Key points from the text:
– The DOJ is scrutinizing an optional NAR rule regarding the integration of MLS and non-MLS listings
– Questions arise concerning the origin and purpose of this rule
– The investigation may shed light on potential antitrust concerns within the real estate industry
– The outcome of this inquiry could have significant implications for the future of MLS practices.
You can read this full article at: https://www.housingwire.com/articles/doj-and-nar-could-step-back-into-the-ring-over-commingled-listings/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
