BrokerageIndustry News

Realtor group says no to consumer rebates

Bills would allow cash incentives for buyers, sellers in New Jersey
Published on Apr 16, 2008

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by CareyBot

The New Jersey Association of Realtors is opposing legislation that would allow real estate brokers and agents to provide cash rebates or other gifts to buyers and sellers.

Members of the state's Real Estate Commission, a regulatory agency that enforces licensing law in the state, has considered the legislation but hasn't yet announced a position.

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