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re: In Landmark decision, Jury Finds Realtors Conspired to inflate Commissions|$1.8 B verdict
Posted on 10/31/23 at 4:58 pm to JohnnyKilroy
Posted on 10/31/23 at 4:58 pm to JohnnyKilroy
quote:
I haven’t read the case but I’m assuming it was collusion to not show prospective buyers properties that weren’t going to pay them 3% commission.
Yes and NAR has conspired for years to keep discount brokerages off of the MLS as well.
Some places will put your home on the MLS for 1% listing fee then leave it up to you what you want to offer the selling agent. NAR hates this model and has worked against it for years.
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