NAR and 4 corporate (brokerage) defendants were sued in lawsuits filed in Missouri (plaintiff “Burnett”) and Illinois (plaintiff “Moehrl”) alleging commission rates are too high, buyer brokers are being paid too much, and NAR’s Code of Conduct and MLS Handbook along with the corporate defendants’ practices lead to price fixing. NAR and the corporate defendants adamantly disagree, and NAR’s rules are very intentionally pro-consumer and pro-competitive.
NAR will continue to defend local MLS broker marketplaces in two class-action lawsuits challenging real estate commission structures, even after one of the association’s co-defendants reportedly agreed to a proposed settlement.
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