The Sherman Antitrust Act - What is It ? Does it Apply to Realtors?

I think that the "Realtor" - the National Association of Realtors has a Loophole for such nonesense.. you see the Realtor violate anti-trust laws every single day.. so what. they have plenty of money and so many members that they fight the powers to be and they win.

the Department of Justice has tried to Stop NAR or at least they have made it look like they tried in order to save face, however, the "Assocation" will NOT be stopped, I mean they are the "Voice of Real Estate" Right?

"The Sherman Antitrust Act was the first measure enacted by the U.S. Congress to prohibit trusts (or monopolies of any type). Although several states had previously enacted similar laws, they were limited to intrastate commerce. The Sherman Antitrust Act, in contrast, was based on the constitutional power of Congress to regulate interstate commerce. It was passed by an overwhelming vote of 51 to 1 in the Senate and a unanimous vote of 242 to 0 in the House, and it was signed into law by President Benjamin Harrison."

To me, as an Ex-Realtor, and a Real Estate Broker Owner I have to say that NAR violates the Sherman Anti-Trust act every single day and No One seems to Care.. They are sooo big that they can simply do as they please.

the Realtors Really Do have a Monopoly, they tell us that joining NAR is a choice but to most BROKER OWNERS they have to join in order to do any business, to avoid boycotts and have access to information. And if you are NOT a Broker Owner, well then you have NO CHOICE, you have to do what you Broker Says, if they are a member then you have to join.. simple as that..

No comments: