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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Joshua Dorkin

Joshua Dorkin (@jrdorkin, Google+) founded BiggerPockets.com when he saw a need for free, trustworthy information about real estate investing online. Over the past 12 years, Josh has grown the site from self-funded hobby to full-time job and passion. Today, BiggerPockets brings together over 600,000 members, housing the world’s largest library of real estate content, iTunes’ #1 real estate podcast, and an array of analysis tools, all geared toward helping users succeed.

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