Below is an update from NAR on the ongoing MLS lawsuit.
The litigation is proceeding in Missouri, and we are awaiting a judge’s ruling on our motion to dismiss for the case in Illinois. NAR intends to demonstrate to the courts how the MLS system creates competitive, efficient markets that benefit home buyers and sellers as well as small business brokerages. We are confident that when the case is ultimately decided, we will prevail.
As you can appreciate, REALTORS® are uniquely positioned to help consumers better understand both the pro-competitive, pro-consumer nature of the MLS system, and the value REALTORS® bring to home buyers and sellers. To assist in communicating those points, we have developed several materials for you and your members to download and share from the member portal at nar.realtor/thatswhower. These include:
- Nine graphics and suggested copy to post on social media about the broader value of REALTORS®
- Two info-graphics we recommend sharing with more informed consumers and those who directly have questions about the MLS system including:
- Promoting the value of the MLS by contrasting our current system against a world without the MLS
- Describing the microeconomics of buying a house