Another real estate broker is suing the National Association of Realtors alongside local and state Realtor associations, alleging that their “monopoly power” over multiple listing services and “essential” business tools constitutes a “metastasized cartel” that has “bled Realtors dry.”
Meanwhile, REX has asked the U.S. Supreme Court to review a March 2025 ruling in favor of Zillow and NAR, and in Compass’ lawsuit against Zillow, a judge is allowing Zillow Co-founder Lloyd Frink to be deposed on Sept. 24.
NAR faces a new mandatory membership lawsuit
The parties involved in the case: William Whittman, a broker at Proplocate Realty who serves the greater Washington, D.C. market, filed an antitrust lawsuit against NAR, Virginia Realtors, Maryland Realtors, Northern Virginia Association of Realtors and Greater Capital Area Association of Realtors.
Whittman, who is representing himself, filed the complaint on Sept. 19 in the U.S. District Court for the District of Maryland.
Associations as ‘cartels’: Whittman alleges that the associations are “predatory gatekeepers” who restrict access to “essential” business tools unless agents and brokers pay for memberships — not only at the local, state and national levels, but across local jurisdictions.
Read the complete news on the source website - Real Estate News
Author: Andrea V. Brambila