National Association of Realtors


Country United States
State Benin
City Chicago
Address 430 North Michigan Avenue
Phone (312) 329-8611
Website www.realtor.org

National Association of Realtors Reviews

Most Useful Comment
  • Aug 8, 2014

Chris Polychron National Association of Realtors NAR Monopoly Cartel Chris Polychron and National Association of Realtors - NAR are hurting the public and defrauding independent real estate brokers by monopolizing real estate business, price fixing and constantly breaking antitrust laws designed for fair trade. Chicago Illinois

Chris Polychron and National Association of Realtors are protecting the interest of Realogymonopoly and their members (Century 21, Coldwell Banker, Better Homes and Gardens, ERA Realty, Sotheby’s, NRT, Cartus, Title Resource Group, Citi Habitats, etc). Realogy and above referenced entities effectively own and control the National Association of Realtors, over 1400 real estate associations, real estate boards, and over 1000 MLS services. The conflict of interest is obvious. As Al Gore said "It's difficult to get a person to understand something if his salary depends upon his not understanding it."

If you have been ripped off, misled or lied to by any members of the above listed monopoly you will get more justice by contacting the US Department of Justice, the FTC and the HUD. As you can see from the DOJ and FTC websites, the above referenced companies are drowning in monopolistic violations. They have been under radar for over 50 years. Sooner or later, their fraud will be fully exposed and they will be gone with great relief to the public. Antitrust violations are serious crimes that can cost a company hundreds of millions of dollars in fines and can send an executive to jail for up to ten years. These conspiracies are by their nature secret and difficult to detect. The Antitrust Division needs your help in uncovering them and bringing them to their attention. If you think you have a possible violation or just want more information about what we do, contact the Citizen Complaint Center of the Antitrust Division: http://www.justice.gov/atr/contact/newcase.html [email protected], [email protected], [email protected], 202-307-2040

It is absurd for an average homeowner to pay 5-7% commissions or more than $10,000 to above listed monopoly for just adding your home listing to the MLS. MLS is itself a conspiracy and restraint of trade because they do not let the public list homes directly. If you tried selling a home by using Century 21 or Coldwell Banker, you know that they will not take a listing below 5% commission. Such agreement among these companies is illegal and defined as price fixing. You might go to an independent company to list your home and that is usually a good idea that will save you some money, but then the problem is that no real estate agent will show you a home unless they are making at least 2.5% commission on it. By law, they are supposed to show you all homes, yet their profit motive usually wins. Price fixing should be reported to US Department of Justice Criminal Division http://www.justice.gov/criminal/about/contact.html, [email protected], 202-353-4641.

All of the above are not just monopolistic practices of realtors, their associations and MLS’s. They are serious antitrust violations. Monopolizing trade is a felony (15 U.S. Code § 2) punishable by fine up to $100,000,000 for corporations, $1,000,000 for individuals in addition to imprisonment up to 10 years. Restraining trade or commerce is also a felony (15 U.S. Code § 1) ) punishable by fine up to $100,000,000 for corporations, $1,000,000 for individuals in addition to imprisonment up to 10 years. Report these violations to FTC at http://www.ftc.gov/faq/competition/report-antitrust-violation

In addition, be careful what association you are a member of, because you can be charged with above crimes along with them.

Chris Polychron

National Association of Realtors

430 N. Michigan Ave #4

Chicago, IL 60611

http://www.realtor.org/

800-874-6500

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