American Land Title Association
Print Friendly
Home  >  News Room
News Room

SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software

North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

ERealty serves up 'anti-competitive' plea

October 14, 2002

Online brokerage takes Internet listings debate to the FTC

Inman News Features

Online real estate broker eRealty testified before the Federal Trade Commission Office of Policy Planning Public Workshop on e-commerce yesterday on the subject of what eRealty calls "anti-competitive" practices within the real estate industry.

The testimony was in reference to the industry debate over who controls listing data.

While the National Association of Realtors is considering whether to adopt policies that would place further restrictions on online display of listings, eRealty is battling to defend positions it said protect e-commerce and promote display of MLS listings on the Web.

NAR's policy would allow brokers to withdraw sellers' homes from the Internet, making the data unavailable for prospective home buyers using virtual brokerages such as eRealty.

ERealty told the FTC such policies would promote an anti-competitive practice and leave consumers out in the cold.

Others are likely to disagree with that argument as the debate continues.

According to a study conducted by NetChoice, a coalition of e-commerce companies including eBay, Orbitz and eRealty, the so-called "anti-competitive" MLS regulations and the state laws prohibiting rebates on real estate commissions will cost consumers more than $45 billion in the next five years.

Copyright: Inman News Service

Print Friendly

How To Find Us:
American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
Copyright © 2004-2016 American Land Title Association. All rights reserved.
SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment