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Supreme Court Denies NAR Petition in Antitrust Lawsuit
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A petition by the National Association of REALTORS® (NAR) to the Supreme Court in an ongoing MLS-focused antitrust lawsuit was denied this week without comment, sending proceedings back to the lower court and allowing an antitrust lawsuit filed by a pocket listings startup (now known as TheNLS.com) to continue...
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According to NAR, a whopping 87% of licensed agents are out of the business in their first five years. Many agents don’t even renew their licenses after their first two years. People are attracted to real estate because they believe it's easy to make money. But it doesn’t take long to learn that being a salesperson is not for the faint of heart...
