Multiple MLSs, including MyState MLS and privately owned ones, are pushing the boundaries of antitrust regulations set forth by the NAR’s landmark settlement. Despite no explicit legal prohibition, these MLSs risk potential consequences by continuing controversial practices.
Key points:
– MyState MLS and other privately owned MLSs are engaging in practices prohibited by NAR antitrust settlement
– No current legal statutes explicitly outlaw these practices
– MLSs could be facing scrutiny from the DOJ and law firms involved in commission lawsuits
The actions taken by these MLSs reflect a potential game of chicken with regulatory bodies and legal entities, as they navigate the uncertain legal landscape left in the wake of the NAR settlement.
Key points:
– MLSs could be risking legal repercussions by continuing controversial practices
– The future implications of these actions remain uncertain
– This situation underscores the complex interplay between industry practices and regulatory oversight
You can read this full article at: https://www.housingwire.com/articles/private-mlss-nar-settlement-doj-ketchmark/(subscription required)
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