In a notable move, Homie Technologies has voluntarily dismissed Wasatch Front Regional MLS from its antitrust lawsuit, citing ongoing concerns about anticompetitive practices in the real estate market.
The lawsuit highlights that Homie, operating as a flat-fee brokerage, faced boycotts by local brokers and agents, significantly impacting its ability to compete effectively.
Homie alleges that the financial distress it suffers is a direct result of anticompetitive practices by the National Association of Realtors and other brokerage defendants.
While UtahRealEstate.com was dismissed from the lawsuit, it remains a possibility for Homie to refile against them as the dismissal was without prejudice.
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