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!
Article Author:
Joshua DorkinJoshua has written 539 articles for us.
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BiggerPockets.com was founded by Joshua Reed Dorkin in August 2004. An entrepreneur, web designer, real estate investor, and one-time realtor, Joshua was not satisfied by the online offerings of other real estate sites out there, and decided to build one himself.
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