Industry News

Longtime Realtor critic proposes national MLS

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A San Francisco lawyer, who has engaged in many antitrust lawsuits against Realtor groups over the past 25 years, Monday released an 82-page report that alleges a history of "price fixing, tie-ins, punitive fee splits and trademark fraud" in the real estate industry. In his report, "Nine Pillars of the Citadel," lawyer David Barry urges the U.S. Justice Department to bring criminal charges against the National Association of Realtors trade group, which has about 1.3 million members nationwide, and to dissolve the association. He also proposes the creation of a national multiple listing service that would require all real estate agents to submit all of their property listings unless property owners choose not to include their properties in this system. Steve Cook, a spokesman for the National Association of Realtors, said of the report, "It's hard to take Dave Barry's claims seriously," adding that courts have tossed out some of the same claims in lawsuits brought by Barry. Cook also s...