Real estate fees inflated by $30 billion
Article criticizes industry's commission structure
By Glenn Roberts Jr., Tuesday, October 10, 2006.The commission structure in the real estate industry is "an anomaly" that may inflate compensation for services rendered by tens of billions of dollars each year, according to an article published by the AEI-Brookings Joint Center for Regulatory Studies, which offers analysis and recommendations on regulatory programs.
The draft paper, "A Critical Assessment of the Standard, Traditional Residential Real Estate Broker Commission Rate Structure," suggests that consumers would benefit most from fe
more...
Copyright 2006 Inman News
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
Bookmarking Sites
Story Tools Sponsored by:
