Feds Probes RE Agents For Anticompetitive Practices

by Joshua Dorkin on April 25, 2005

From Shaun’s Real Estate Adventures:

Wow. This is interesting.

Feds probe real estate agents
Money magazine investigation shows Justice Dept. looking into anticompetitive practices
.

I’ve wondered why agents are still getting away with charging 6% commission with all the discount brokerages out there. I think there are going to be serious reverberations throughout the industry from this.

I agree Shaun. We certainly need to watch this story!

{ 1 comment… read it below or add one }

1 Samuel Baker April 6, 2006 at 9:41 am

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