NAR Uses your Real Estate Listing as Content to Sell Stuff
Posted by
Crystal L. Cox
Labels:
NAR websites
File a RICO Lawsuit Against NAR, they continue to lie year after year and YOU the Real Estate Consumer Pays the Price
"NAr reaffirms they have no credibility by reporting false increases in sales
It’s no secret that I don’t particularly like the practices of the NAr. They consistently embarrass themselves and their members by putting out false and misleading data and press releases. Credibility comes from telling the truth, even when that truth may be unpopular or contrary to one’s own interests. The NAr has consistently lacked credibility as they have proven unwilling to say anything negative about the prospects for real estate despite a massive decline in sales volumes and resale prices.
They consistently told buyers to purchase homes as sound investments when prices were inflated and falling.
From 2007 through 2011, prices were too high in most markets to warrant purchasing for cashflow investment purposes, and with falling prices, there was certainly no reason to buy for wealth building from appreciation.
Despite these obvious facts, the NAr still urged everyone to buy. It’s a self-serving manipulation designed to generate commissions at the expense of hapless buyers. Shame on the NAr.
Source of NAR Lies. Do not Use a Real Estate Agent in your Real Estate Transaction.
http://ochousingnews.com/news/nar-reaffirms-they-have-no-credibility-by-reporting-false-increases-in-sales?source=patrick.net
Posted by
Crystal L. Cox
Labels:
NAR Lawsuit,
RICO Lawsuit NAR
STOP the Cartel of NAR - they Force Agents to Join them or Boycott the Agents.. STOP the Tirade of NAR
"In Greensboro, NC, the local realtor association has notified real estate firms, that are association members, that brokers employed by those firms that are not members of the association can no longer list properties. When my bic told me this I about fell over.
She then told me that I would now be in a secondary company with her and my commission went from about 95% to 50-50 because I am not an association member. I spoke with an attorney and this amounts to what he called tortious interference. He told me I would have a good case. Unfortunately I cannot afford to sue.
If you have any suggestions I’d appreciate it. I love your site. Keep up the good work. I love the new realtor commercials on tv. If the public only knew how the NAR’s lobbyists in DC were the very ones screaming at congress to get banks to make more home loans starting back in the 90’s.and up till the crash.
Now they say they are there to save the American dream of home ownership. What a bunch of criminals. It’s only appropriate they should be headquartered in Chicago. In my state it has pretty much become something akin to forced unionism.
Keep up the fight and hopefully we will prevail one day.
Reid Thibodeaux
336-972-6541"
Yes Folks NAR is the reason for the real estate collapse, and they said buy buy buy and no accountability, then NAR lobbys for more loans that benefit them... STOP the NAR Cartel..
Posted by
Crystal L. Cox
Labels:
Forced Membership,
NAR Sucks
Real Estate Consumers HAVE No Rights. Especially when you Use an NAR member as the Forms are Designed to Protect Realtors and NOT Consumers.
This article, this lawsuit is true. The MLS, Brokers, Franchise do discriminate against brokers that charge less commission. I was boycotted in my first year for charging 5% commission. The real estate industry is set up to prey on real estate consumers. Your real estate listing is content for NAR and their website so they can place ads and sell ad space. NAR.com is owned in part by the same company that owns Cendant, Sotheby's, Coldwell Banker, Century and ERA.
Do NOT Use a Realtor in your Real Estate Transaction. The E and O insurance is to protect the Realtor, the "Forms" are to protect the Realtor and the Real Estate Consumer has no rights. '
This class action lawsuit is what happens in many MLS's and I would even dare to say all MLS's, I have been in many of them and been boycotted for charging less money and giving Buyer and Seller Rebates.
"Pennsylvania homeowner Thomas Logue filed a class action lawsuit in April 2010, alleging that a group of real estate brokerages and a local MLS (and its board of directors) conspired to keep broker commissions artificially high by limiting competition among companies, according to court documents. The area real estate companies stifled competition by keeping some rival businesses from effectively marketing properties, blocking discount brokers from listing in the MLS, alleges the suit, which Logue’s attorneys say caused him to pay more than was necessary to list his home in 2006.
This summer, a motion for preliminary approval of a settlement in the case was approved by the judge after denying a motion to dismiss by the defendants, laying the ground for this week’s approval of a settlement in the amount of $2.4 million, of which Logue’s attorneys will receive $1 million and Logue will receive $10,000. Court documents do not reveal the number of buyers that will split the remaining $1.39 million.
Logue filed the lawsuit against West Penn Multilist Inc., Howard Hanna Real Estate, Coldwell Banker Real Estate, Freeman Realty, Northwood Realty and Prudential Preferred Realty regarding purchases through these companies between February 13, 2005 and February 13, 2009.
Anti-trust laws were established in the 1800s to protect consumers from cartels and monopolies, which this case showed was in play on the Pennsylvania real estate scene. MLS companies have long struggled with business rules that dictate what is legitimate and what is not, and in this case, the judge agreed to this $2.4 million settlement alleging the brokerages and the MLS, along with their board of directors blocked discount brokerages.
Source and Full Article
The National Association of Realtors violates anti-trust laws every single day, and NAR Lobby money protects the Rights of Realtors and NOT the rights of the real estate consumer.
For more on my take on the Real Estate Industry,
as a Real Estate Industry Insider and Whistleblower
http://www.realestateindustrywhistleblower.com/
as a Real Estate Industry Insider and Whistleblower
http://www.realestateindustrywhistleblower.com/
Posted by
Crystal L. Cox
Labels:
MLS Brokers,
Real Estate Whistleblower
Folks are Googling Mike Workman Realtor Today - DO not TRUST Mike Workman Eureka Montana, he is a Liar, and Does not Obey the Law
Mike Workman is for MONEY and not for Real Estate Consumers. Mike Workman Realtor lies about defects of homes in which he has full knowledge of issues. DO NOT Trust Mike Workman, Century 21 Real Estate, Eureka Montana Real Estate.
Read more...
Posted by
Crystal L. Cox
Labels:
Century 21 Eureka,
Mike Workman
Is the Home Inspector Objective? Ummm No, Especially in a Small Town Just How it Works.
Posted by
Crystal L. Cox
Labels:
Home Inspections
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