"In his lawsuit, which was filed in August, Zea claims that the defendants engaged in a coordinated scheme to restrict consumer choice and maintain elevated prices, harming his brokerage model. According to Zea, buyer's agents associated with the defendants steer clients away from properties that offer a reduced or non-existent buyer's agent commission. In his complaint he argues that this steering is the result of NAR and the other defendants not enforcing their own rules."
"The rules in question relate to the mandatory display of a listing broker's contact information on the listing page in an IDX display, the commission lawsuit mandate for buyer agency agreements and the prohibition of MLS platforms from allowing users to search or filter search results by the name of the listing broker or agent, or by the amount of compensation offered. By allegedly refusing to enforce these rules, Zea claims that the defendants have competitively disadvantaged his discount-brokerage business."
Zea filed a lawsuit in August alleging a coordinated scheme by defendants to restrict consumer choice and maintain elevated prices, harming his brokerage model. He alleges buyer's agents associated with the defendants steer clients away from properties offering reduced or no buyer's agent commission. He contends that steering results from NAR and other defendants failing to enforce rules requiring listing broker contact display in IDX, a commission lawsuit mandate for buyer agency agreements, and prohibiting MLS search/filter by listing broker name or compensation. Zea seeks a court order forcing enforcement; a magistrate and the overseeing judge recommended denying his motion due to delay. NAR did not immediately comment.
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