Another Bombshell Lawsuit Filed: Homie v. NAR
This one is different from all the others... and it's a real threat
I have the greatest community in real estate, filled with the most informed and most knowledgeable people in the industry.
One reader sent me the latest in a bombshell lawsuit just filed today. It is just starting to hit the news and interwebz and the court filing system.
The lawsuit is (or I assume will be named) Homie v. NAR. There is no link to reference as I don’t see one live, though if you have PACER, maybe you can find it.
Homie v. NAR is the next front in the antitrust lawsuit arena, and it is one that I don’t think anyone is prepared for. This one is dangerous, precisely as the Moehrl v. NAR lawsuit was dangerous, because the lawyers involved are not ambulance-chasing morons and because the plaintiff is not a random homeseller or homebuyer, but an actual corporation with money.
You never know when it comes to litigation, but this one is the real deal.
As always, I am trained in the law, but I am not your lawyer. None of this is legal advice, and you should ask your attorney for actual legal advice. This is educational entertainment and industry analysis.
Let’s get into it.