At FTC workshop, industry grapples with the sacred cow of commissions

Despite having access to a wealth of real estate data online, buyers and sellers can still be clueless about how commission fees work. But have traditional brokerages intentionally kept consumers in the dark in an attempt to maintain their rates? That was a key point of contention at a “workshop” convened Tuesday by the Federal Trade Commission and Department of Justice. The workshop, titled “What’s New in Residential Real Estate Brokerage Competition” coincided with the […]

source https://therealdeal.com/2018/06/06/at-ftc-workshop-industry-grapples-with-the-sacred-cow-of-commissions/