Industry News

Consumer group slams real estate ‘cartel’

NAR defends industry competitiveness
Published on Jun 19, 2006

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by CareyBot

Discrimination against non-traditional real estate brokers, status quo commission structures, unregulated multiple listing services, lack of consumer knowledge, and the large share of real estate professionals who serve on state real estate regulatory commissions stifle competition in the real estate industry, according to a report released today by the Consumer Federation of America.

In the eight-page report, "How the Real Estate Cartel ...