BrokerageIndustry News

Consumer group criticizes real estate regulators’ industry roots

State commission refutes conflict-of-interest charges
Published on Jul 24, 2006

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by CareyBot

State real estate regulatory commissions are largely composed of members who are active real estate professionals, which represents a "blatant conflict of interest," according to a report by a national consumer group.

The Consumer Federation of America, a national advocacy group with membership from about 300 organizations, issued a report Friday that calls for independent regulation of real estate brokers ...

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