DoJ Launches Anti-Trust Probe Into Real Estate Brokerage Industry
newsare.net
As homes in the US become increasingly unaffordable, those who can afford to buy probably chafe at the insanely high commissions paid to agents and brokers, which can amount to 6% of the sales price. And as more buyers balk at these fees, turning instead to 'DoJ Launches Anti-Trust Probe Into Real Estate Brokerage Industry
As homes in the US become increasingly unaffordable, those who can afford to buy probably chafe at the insanely high commissions paid to agents and brokers, which can amount to 6% of the sales price. And as more buyers balk at these fees, turning instead to 'iBuyers' like Open Door and Zillow (which will buy a home with the intention of flipping it), it appears the DoJ has finally taken an interest in the phenomenon. Read more