Save our Housing Market - Act to protect buyer agency in America


Save our Housing Market - Act to protect buyer agency in America
The Issue
Title: Protect the U.S. Housing Market: Demand a Narrow Antitrust Exemption for Real Estate
Our Story:
The U.S. housing market is in danger. As real estate professionals, homeowners, and citizens who care deeply about the stability of our economy, we are witnessing a critical moment. The recent settlement involving the National Association of Realtors (NAR) threatens to dismantle the traditional commission structure that has helped homebuyers, sellers, and Realtors alike for decades. Without swift legislative action, the consequences could be devastating—not just for real estate professionals, but for anyone who dreams of owning a home.
The housing market is the backbone of the U.S. economy, contributing 15-18% of our GDP. It plays a vital role in creating jobs, building wealth, and strengthening communities. But this settlement has created uncertainty, increasing financial burdens on homebuyers and destabilizing a system that has worked for generations. If we do not act now, we risk a ripple effect that could collapse the market, reducing home sales and driving up the cost of homeownership.
Our Solution:
We are calling for a narrow antitrust exemption that would allow sellers the option to offer compensation to buyer agents without making it mandatory through the Multiple Listing Service (MLS). This simple legislative change would protect consumer choice, preserve competition, and ensure that homebuyers continue to have access to the representation they need—without adding unnecessary financial burdens. Other industries, such as insurance and agriculture, have been granted similar exemptions in the past to safeguard their essential roles in the economy. Real estate deserves the same protection.
Why This Matters:
Without this exemption, homebuyers will face increased costs, making it harder for them to afford representation when buying a home. This could lead to fewer people becoming homeowners, stalling the market, and harming the economy. Realtors and brokers will struggle to serve their clients, and sellers will face greater challenges in getting their homes sold. The effects will be felt not just by real estate professionals, but by millions of Americans who rely on a stable housing market.
How You Can Help:
By signing this petition, you are lending your voice to a cause that directly impacts millions of Americans. We need our legislators to understand the gravity of this situation and take immediate action to pass a narrow antitrust exemption for real estate. Together, we can protect the housing market, preserve the American Dream of homeownership, and ensure that real estate remains a vital and stable part of our economy.

19
The Issue
Title: Protect the U.S. Housing Market: Demand a Narrow Antitrust Exemption for Real Estate
Our Story:
The U.S. housing market is in danger. As real estate professionals, homeowners, and citizens who care deeply about the stability of our economy, we are witnessing a critical moment. The recent settlement involving the National Association of Realtors (NAR) threatens to dismantle the traditional commission structure that has helped homebuyers, sellers, and Realtors alike for decades. Without swift legislative action, the consequences could be devastating—not just for real estate professionals, but for anyone who dreams of owning a home.
The housing market is the backbone of the U.S. economy, contributing 15-18% of our GDP. It plays a vital role in creating jobs, building wealth, and strengthening communities. But this settlement has created uncertainty, increasing financial burdens on homebuyers and destabilizing a system that has worked for generations. If we do not act now, we risk a ripple effect that could collapse the market, reducing home sales and driving up the cost of homeownership.
Our Solution:
We are calling for a narrow antitrust exemption that would allow sellers the option to offer compensation to buyer agents without making it mandatory through the Multiple Listing Service (MLS). This simple legislative change would protect consumer choice, preserve competition, and ensure that homebuyers continue to have access to the representation they need—without adding unnecessary financial burdens. Other industries, such as insurance and agriculture, have been granted similar exemptions in the past to safeguard their essential roles in the economy. Real estate deserves the same protection.
Why This Matters:
Without this exemption, homebuyers will face increased costs, making it harder for them to afford representation when buying a home. This could lead to fewer people becoming homeowners, stalling the market, and harming the economy. Realtors and brokers will struggle to serve their clients, and sellers will face greater challenges in getting their homes sold. The effects will be felt not just by real estate professionals, but by millions of Americans who rely on a stable housing market.
How You Can Help:
By signing this petition, you are lending your voice to a cause that directly impacts millions of Americans. We need our legislators to understand the gravity of this situation and take immediate action to pass a narrow antitrust exemption for real estate. Together, we can protect the housing market, preserve the American Dream of homeownership, and ensure that real estate remains a vital and stable part of our economy.

19
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Petition created on September 23, 2024