with the real-estate industry’s largest trade association to close an antitrust investigation into rules governing how agents market properties and set commissions for home sales, a federal judge said on Wednesday.
During the Trump administration, the Justice Department investigated whether a lack of transparency to buyers around the roughly 5% to 6% commission rate for agents had caused artificially high transaction costs, despite disruptive forces such as the proliferation of online listings and venture capital-funded startups. In nearly every residential real estate transaction in the U.S. the buyers’ agents are paid by the home seller and not directly by the buyer.
LAUGHtivism: Think Trump-appointed judge gave RECartel a 'Get out of Jail' FREE pass? BusinessInsider expose says 'overlooked monopoly' overcharges homebuyers $72 BILLION annually 72B_RipOFF = no laughing matter? Weaponize ImpactREBates for VDay?
The USA…Has the best system of Justice that money can buy…am I right?
the super rich dont have to pay property taxes because of greed
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