Compass has filed a lawsuit against the Northwest Multiple Listing Service (NWMLS), claiming it acts as a monopoly, limiting competition among real estate brokers in the Seattle area. The complaint states that NWMLS prevents homeowners from opting for pre-marketing options that are available elsewhere, such as Compass Private Exclusives. NWMLS is said to be controlled by major brokerages, further entrenching its monopolistic practices. The lawsuit alleges that these actions have deprived homeowners and Compass of much-needed competitive options and innovative real estate services.
Compass argues that NWMLS operates as a monopolist to limit competition among Seattle real estate brokers and restrict homeowners' choices in the market.
According to the lawsuit, the Northwest Multiple Listing Service's rules inhibit homeowners from pre-marketing their homes, denying them innovative services from companies like Compass.
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