May. 28, 2008 - National Association of Realtors
Realtors... the big R.
The DOJ (Department of Justice) had a lawsuit against NAR (National Association of Realtors) for years. CNN (is that Cable News Network?) Money says the DOJ lawsuit against NAR was filed in September 2005.
Settled Tuesday… breaking news… I’d nearly forgot what it was about… It was about IDX (internet data exchange?) and VOWs (virtual office websites?)
In the CNNMoney.com article Realtors settle case with U.S.
“Real estate agents were accused of illegally blocking posting of home listings and limiting competition from online brokers.”
I think by “Real estate agents” they are referring to NAR, a national trade organization.
It will be interesting to watch. It has to go to court. Then 60 days later, the world as we know it will change? Or it won’t.
CNN says
“The report found that more consumers use the Web when house hunting than rely on “For Sale” yard signs.”
Duh!
Search for Central Ohio homes… somewhere here… there’s a link to the search for local homes. I read the LA Times and other unlocal newspapers… then went to our own Columbus Dispatch to see what they have to say about it.
In today’s Columbus Dispatch News Briefs it says:
“The settlement, which requires court approval, opens the MLS databases to online and traditional agents.”
Also in today’s local news briefs… and certainly less dry and boring… news of Columbus Ohio based Victoria’s Secret… going after another company for using the word “sexy.”
“Victoria’s Secret appeals trademark ruling on ’sexy’ “
This was previously posted (mostly, a couple of small changes...) on ColumbusBestBlog.com another Central Ohio blog I write.
I'd love to hear from you if you have a comment on the topic of national or local real estate. All comments are moderated so you will not see your comment immediately. Thanks. Copyright 2008 Discover Columbus and Maureen McCabe
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