Internet-Based Realtors Win Monster Settlement

coondoggie writes "Until today, most Internet-based real-estate brokers were considered second-class citizens, and their clients were left in the cold. But perhaps that will change with today's news that the Department of Justice has reached a proposed settlement with the National Association of Realtors that requires NAR to let Internet-based residential real estate brokers compete with traditional brokers. NAR has agreed to be bound by a 10-year settlement, under whose terms NAR will repeal its anticompetitive policies and require affiliated multiple listing services to repeal their rules that were based on these policies." Here's the whole settlement document on the DoJ's site.

Comments

Re:Won't change a thing

[Vectronic]

"I happen to have three realtors on my doorstep..."

Shit, is this a new fad like pink flamingo's and garden gnomes?

"...and they sing the same song..." Aww, a triplet, do they dance too? If I tickle the right ones tummy, does he give me the key to your house?

Now I want realtors for my porch.

Re:Great.

[mrbluze]

Just pass on by the ones you don't want to read Nah, half the fun of this site is to get annoyed and stamp one's feet at stuff randomly.