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EDGEMAN

Joined: 01/05/2001 Posts: 124899
Likes: 40451


Hidden Realtor commissions could be next housing-market domino to topple


All I can say is...BRING IT!



Another potential blow has been struck against the longstanding way in which real-estate agents get paid.

In April, the Department of Justice wrote to CoreLogic, a real-estate software provider, demanding that the company turn over information on how it works with Multiple Listing Services, the locally owned and operated compilations of real estate data.

The “civil investigative demand” concerned potential antitrust law violations, Justice said, specifically “practices that may unreasonably restrain competition in the provision of residential real-estate brokerages services in local markets in the United States.”


Link: Click me!


Posted: 05/31/2019 at 2:52PM



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Current Thread:
  I do think real estate agents provide a valuable service -- Tafkam Hokie 05/31/2019 3:24PM
  Which is harder to sell? ** -- 133743Hokie 05/31/2019 8:59PM
  Due to shear numbers -- RTFC 06/01/2019 10:37AM
  Your opinion re value. Others disagree. ** -- 133743Hokie 06/02/2019 7:55PM
  Everybody values things differently. -- RTFC 06/02/2019 8:14PM
  Problem is that 8250 isn’t just a check -- Tombo 05/31/2019 8:44PM
  So? -- Tafkam Hokie 06/01/2019 10:17AM
  Less than that to the individual ** -- 133743Hokie 05/31/2019 9:01PM

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