Settlement Reached For Online Real Estate Agents

By: Associated Press
By: Associated Press

WASHINGTON (AP) - The Justice Department has settled a lawsuit
against a group of real estate agents who were accused of illegally
blocking Internet-based brokers from accessing home listings.
Government attorneys say such practices limit competition among
real estate agents and put online brokers at a disadvantage.
Online agents often charge lower fees and allow consumers to
review listings at their own pace.
Tuesday's settlement forces the National Association of Realtors
to stop blocking the posting of home listings on Web sites.
The Washington-based lobbying group eased some of its policies
against online brokers when the Justice Department filed suit in
September 2005.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 19294944 -
Gray Television, Inc.