Jury Finds Realtors Conspired, Awards Nearly $1.8B in Damages

Re:Jury Finds Realtors Conspired, Awards Nearly $1.8B in Dam... by macNchz on Tuesday October 31, 2023 @05:54PM (#38091939)

> 1. I could not list the home in MLS as That system requires annual fees to use and you need to have a realtor license.

Additionally, if you were to decide to list "For Sale by Owner" and market it yourself, you can submit it to the major aggregators (Zillow et al), but their contracts with the MLS systems often disallow them from mixing MLS and FSBO listings in the same search result set, so the FSBO listings are hidden behind a toggle or something and go unseen by the great majority of people browsing.

[ Parent | on HN ]

Re:Jury Finds Realtors Conspired, Awards Nearly $1.8B in Dam... by pb7 on Tuesday October 31, 2023 @07:19PM (#38092682)

Further blatant abuse of their monopoly.

[ Parent | on HN ]

Re:Jury Finds Realtors Conspired, Awards Nearly $1.8B in Dam... by justinclift on Wednesday November 01, 2023 @05:53AM (#38096324)

Hmmm, sounds like a cartel that could be ripe for a bit of legal action. ;)

[ Parent | on HN ]

Re:Jury Finds Realtors Conspired, Awards Nearly $1.8B in Dam... by Willish42 on Tuesday October 31, 2023 @09:17PM (#38093483)

aha, so THIS must be the real reason people like Redfin can make money off of giving you a "digital realtor" rather than FSBO uploads alongside the MLS listings. Makes sense, monopoly / oligopoly working as intended. I knew there had to be a reason :/

Thanks for your reply

[ Parent | on HN ]

Re:Jury Finds Realtors Conspired, Awards Nearly $1.8B in Dam... by photonbeam on Tuesday October 31, 2023 @09:38PM (#38093639)

That seems like something the government should stop

[ Parent | on HN ]