In this episode, we examine a significant new lawsuit filed by Michigan real estate professionals against the National Association of Realtors (NAR) and other local and state realtor organizations. The plaintiffs argue that mandatory membership in these organizations for access to the MLS constitutes an antitrust violation, claiming it results in economic coercion and unfair restraint on trade. Join us as we break down the details of the case, its potential implications for the real estate industry, and what it could mean for Realtors across the country.
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