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Feds Probes RE Agents For Anticompetitive Practices

Author: Joshua Dorkin   • URL: http://www.biggerpockets.com/
April 25th, 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!

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