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Byron Lazine and Nicole White discuss the new Michigan antitrust lawsuit against NAR and state/local Realtor associations. They also address the increase in NAR's membership since the settlement. And they answer the question, "If you could get out of NAR today, would you?"

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Connect with Byron Lazine: https://www.instagram.com/byronlazine
Connect with Nicole White: https://www.instagram.com/nicolewhite.ct/

This episode's sources:
https://nowbam.com/michigan-real-estate-professionals-file-antitrust-lawsuit-against-nar/
https://www.realestatenews.com/2024/08/12/more-agents-joining-nar-ahead-of-settlement-deadline
https://nowbam.com/is-nar-hiding-membership-data/

Timestamps:

00:00–02:55 Intro
02:55 Topic: Michigan antitrust lawsuit against NAR and state/local Realtor associations
05:04 “This is a tie-in agreement…”
08:02 “This DOJ does not play with monopolies…”
10:54 “When someone is challenging you to be better, it’s not an attack; it’s an act of love.”
13:34 Plaintiffs argue the change greatly diminished the value created by being a member.
14:09 One of the things NAR has done well is advocate for buyers…
16:50 “Do you expect this to be the first of many?”
18:57 “The only value they have is the MLS…”
20:13 “NAR really drove a lot of brokers away from them when they…”
21:55 Topic #2: More agents are flocking to NAR since the settlement
24:35 Byron’s response to a Lawrence Yun quote: “This is where I have a problem with NAR…”
27:11 “If you could get out of NAR now, would you?”

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#narlawsuit #narsettlement #nationalassociationofrealtors