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NAR, brokers' antitrust settlement over commissions only works 'on paper,' objector says

( October 28, 2024, 22:41 GMT | Official Statement) -- MLex Summary: Concessions from the National Association of Realtors and other residential real estate brokerages as part of a major settlement resolving class-action antitrust claims from homesellers only make sense "on paper," consumer Tanya Monestier said in a 137-page objection to the settlement filed in the US District Court for the Western District of Missouri. “The NAR settlement has created something tantamount to a complicated regulatory scheme with virtually no oversight,” Monestier said in the filing, highlighting concerns about "mass confusion" among consumers, industry "workarounds," attorney conflicts of interest and enforceability.See document below....

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