The real estate industry has an ongoing problem with transparency, especially regarding representation and sales commissions. November 2020, the Justice Department filed an Antitrust Case against the National Association of Realtors® to Repeal and Modify Certain Anticompetitive Rules. Let's have a look at the outcome and how it may affect consumers.
When something seems more complicated than it should be, there is often an underlying purpose. Ever since I can remember, there has been confusion about who represents who in a real estate transaction. If that weren't enough, try and figure out who is paying who for that representation. It should be simple, right - A homeowner contracts with...