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California broker sues NAR over 'anticompetitive' dues
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California broker sues NAR over 'anticompetitive' dues
A California real estate broker is suing the National Association of Realtors (NAR) over a policy that forces brokers to pay dues for agents who aren’t members of their state, local or national Realtor associations. John Diaz, who’s based in Modesto, claims that NAR’s Variable Dues Formula (VDF) policy penalizes brokers for associating with agents who aren’t Realtors. He claims this limits a broker’s ability to compete with larger firms by impos…
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