Explosive Lawsuit Against NAR

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It could be a do or die lawsuit for the real estate industry. A home seller in Minnesota filed a class action lawsuit against the National Association of Realtors for anti-competitive behavior. If he prevails, the business of buying and selling homes in the United States could be vastly different than it is now. Inman contributor, Robert Hahn, says that Realtor associations would disappear, the MLS might die off, and the entire infrastructure of the residential real estate business would have to be reinvented. www.NewsForInvestors.com

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