BrokerageIndustry News

NAR approves spending for legal fights

Directors sign off on $100,000 related to DOJ complaints in S.C.
Published on Dec 4, 2008

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by CareyBot

Directors for the National Association of Realtors have approved contributions of up to $100,000 for legal costs incurred by privately owned and Realtor-affiliated multiple listing services in South Carolina in response to U.S. Justice Department antitrust complaints.

That spending was approved, along with an additional $208,000, to support Realtors in a variety of legal battles across the country.

The Justice Department in May announced a lawsuit against Consolidated MLS in Columbia, S.C., which is a broker-operated MLS.

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