The National Association of Realtors is appealing to the Supreme Court to defend its "clear cooperation" policy, which requires agents to share listings in the cooperative system. The DOJ has challenged the policy, and some agents prefer exclusive listings instead. The speaker sees the Supreme Court appeal as a constructive move that could lead to a measured resolution.
Now, for everybody who's been mad at the National Association of Realtors, they're doing something productive. So we're going to give them a thumbs up and a high five. You can be mad when they screw up, but you got to say yay when they do it right. They are appealing to the Supreme Court what the DOJ continues to do in chasing real estate. Now, this is in specific around the clear cooperation policy. In general, the idea of clear cooperation was if you're going to be a part of a cooperative system, then you have to cooperate. But That's under fire right now because there are agents and brokers that say that violates their business model. Their business model is to have private listings that nobody knows about except for their besties. We'll see what the Supreme Court says. At a minimum, whether you like the policy or not, let's just be glad that we're taking the real estate battle to the Supreme Court and maybe cooler heads will prevail.
