By offering an option to skip state and national Realtor membership, the local association stands to earn 84% more per agent while brokers and agents pay hundreds less, according to an analyis
The Arizona association will withdraw MLS Choice, but will still offer some resources to people holding real estate licenses who are not members of NAR
Industry members argue in the new lawsuit that NAR and other defendants have engaged in anticompetitive practices. They want restitution — and an end to rules they don't support
In case you missed it, here are 5 stories from the holiday season that you may want to get caught up on, including a roundup of predictions from some of the real estate world's biggest players
Phoenix Realtors rejected the trade group's demand that the association withdraw its MLS Choice membership for non-Realtors. PAR said the MLS Choice is a 'legally sound' option for agents
NAR sent the cease-and-desist letter to Phoenix Realtors over its MLS Choice option, which gives brokers access to state-compliant forms and legal aid but may also violate its 3-way agreement
Arizona-based brokerage HomeSmart has announced plans to give agents the freedom to forgo National Association of Realtors membership starting in 2025
Beginning in 2025, local agents will have the option to join a new Realty One subsidiary and become members of MLS Choice, a new low-cost membership type provided by Phoenix Realtors
The new membership option will give agents who aren't members of local, state or national Realtor associations access to state-compliant forms as alternative to NAR's '3-way agreement'