The Greatest Guide To Would The Real Comp Setting Price Please Stand Up…

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In the Matter of Realcomp II Ltd. The Commission released an administrative grievance charging Realcomp with breaching Area 5 of the FTC Act by restricting details on Exclusive Company (EA) Listings and other kinds of nontraditional listings from being sent from the several listing service (MLS) it preserves to public property website.


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After the ALJ dismissed the complaint, Commission personnel appealed the initial decision, and on November 2, 2009 the Commission released an Opinion finding that Realcomp II had actually violated federal law by limiting the ability of member realty representatives to offer consumers lower-priced options to conventional realty services. Realcomp refused to send discount rate realty listings to its own and other openly offered Web websites and omitted such listings from the default searches within its own database.


The FTC's Last Order needs Realcomp to supply its members non-discriminatory access to non-traditional and lower-price listings on its Several Listing Service (MLS) and to stop preventing such listings from being sent out to its public real estate websites. Following an appeal by Real, Comp, the United States Court of Appeals for the Sixth Circuit maintained the FTC order.


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On October 11, 2011 the Supreme Court rejected Realcomp's petition for a writ of certiorari.


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