BrokerageIndustry News

NAR, MRIS hit with antitrust suit

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Editor's note: This story was updated on Oct. 4, 2012 to clarify that after MRIS requested and NAR approved funds to cover part of MRIS' legal expenses in the suit against NeighborCity, MRIS decided not to accept the funds. NAR and NorthstarMLS have declined to comment on whether NorthstarMLS has accepted, or will accept, similar financial support approved by NAR.The operator of NeighborCity.com alleges that copyright lawsuits filed against it by two multiple listing services with financial backing from the National Association of Realtors are part of a concerted effort by NAR to drive the company out of business and eliminate it as a provider of services to real estate brokers.San Francisco-based American Home Realty Network, which is licensed as a brokerage in California, is a defendant in separate copyright infringement suits filed by two MLSs -- mid-Atlantic multiple listing service Metropolitan Regional Information Systems Inc. (MRIS), which filed suit against American Ho...