Real estate broker says competition over NAR rules is cold


Law360 (September 8, 2021, 9:36 p.m. EDT) – Real estate groups including the National Association of Realtors have been sued by a real estate broker and investor claiming their practices limit transactions to brokers who instead use real estate services. ‘multiple affiliate registration. of all licensed brokers in Arizona.

In a lawsuit filed Tuesday in Arizona federal court, Grady Hillis alleges that since 2005, associations have drafted information from its sales listings when an emailed copy is sent to potential buyers, and that they have adopted rules that do not allow the disclosure of personal broker or agent information in the public remarks of listings ….

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