Dept. of Justice files suit against NAR

The Department of Justice has filed suit against the National Association of Realtors (NAR) over a real estate industry rule that it considers unfair to online real estate agents and consumers.

It appears this lawsuit is more about limiting the access of listings taken by "traditional" brokerages, so that the customers of non full-service brokerages would not have ready access to those listings that are taken by full-service brokerages; the latter having more costs associated with the operation of their business, and obvious benefits that come with a full-service brokerage.

You can read about the new NAR policy by clicking here.

You can read more about the lawsuit at the following sites:

The Chicago Tribune
The Register