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Barrier Battle
NAR’s Three-Way Agreement Faces Growing Scrutiny
Splits and Caps Daily: Action for Agents
November 29, 2024
📈 Market Move:
Membership Meltdown
The fight over mandatory association memberships is heating up, with a Texas broker jumping into the legal ring. The core complaint? Forcing brokers to join associations just to access MLS services is allegedly monopolistic—and discriminatory to boot.
This case isn’t a one-off. Similar lawsuits in Michigan and Pennsylvania are gaining traction, and the ripple effects could shake up the real estate world. At the heart of it: NAR’s three-way agreement, which ties MLS access to association dues. If these cases succeed, that structure could crack, opening the door to new, à la carte MLS options (like what Phoenix Realtors just launched).
For agents, this is a watch-and-learn moment. If these challenges gain momentum, the industry could see a major shift in how MLS access—and association value—is defined.
🌟Quote of the Day:
"Effort only fully releases its reward after a person refuses to quit." — Napoleon Hill
📊🤔 Agent Poll
If MLS access wasn't tied to association membership, what would you do? |
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🎉 Fun Fact of the Day:
The Hollywood Hustle: Did you know the iconic Hollywood sign was originally a real estate ad? Back in 1923, it said "Hollywoodland" to promote a housing development. Now it’s a global icon—and you thought your marketing was clever!
📚 Resource Recommendation:
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That’s all for this week! Stay sharp, stay committed, and remember—consistency is the secret sauce to success. Let’s get out there and make some noise!
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