BrokerageIndustry News

Michigan MLS braces for fight with FTC over listings rule

MLS blocks some listings from reaching Realtor.com
Published on Sep 29, 2006

Realcomp II Ltd., the largest multiple listing service in Michigan, is preparing for a legal battle with the U.S. Federal Trade Commission over an MLS policy that blocks some property listings from display on public Web sites such as Realtor.com and an MLS-owned home-search site. The National Association of Realtors earlier this year announced 14 separate government investigations that focused on MLS policies relating to restrictions on the display of some property listings. Inman News has reported on four MLSs contacted by the Federal Trade Commission that have changed their policies. New Jersey MLS, the Realtors Association of Northeast Wisconsin MLS, the Northern New England Real Estate Network and the Austin Board of Realtors have lifted display restrictions relating to "exclusive agency listings," a type of listing agreement between a home seller and a broker that allows the seller to directly market the home and does not obligate the seller to pay the broker if the seller perso...

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