Feds Probes RE Agents For Anticompetitive Practices

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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Article Author: Joshua Dorkin

Joshua has written 568 articles for us.
Visit Joshua's Website: http://www.biggerpockets.com/

Joshua Dorkin (@jrdorkin, Google+) is the founder and CEO of BiggerPockets.Mr. Dorkin's vision for BiggerPockets has helped to propel it into becoming one of the top real estate destinations online. His vision for the site and its future has brought national press attention to both Mr. Dorkin and to BiggerPockets.

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{ 1 comment… read it below or add one }

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