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REX Takes New Jab At NAR In Blistering 'Cartel Economics' Attack

REX Takes New Jab At NAR In Blistering 'Cartel Economics' Attack
inman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inman.com Daily Mail and Mail on Sunday newspapers.

Jack Ryan , Michael Toth , Charlie Oppler , Mark Nadel , National Association Of Realtor , Us Department Of Justice , National Association Of Realtors , National Association , Counsel Michael Toth , பலா ரியான் , மைக்கேல் டோட் , குறி நாடெல் , தேசிய சங்கம் ஆஃப் றேஆல்டோர் , எங்களுக்கு துறை ஆஃப் நீதி , தேசிய சங்கம் ஆஃப் றேஆல்டோர்ச் , தேசிய சங்கம் ,

New UC Berkeley Study Shows Realtors Operate As A 'Cartel' To Inflate Fees By $50b Each Year

New UC Berkeley Study Shows Realtors Operate As A Cartel To Inflate Fees By $50b Each Year
Obstacles to Price Competition in the Residential Real Estate Brokerage Market by Mark Nadel | UC Berkeley Business Law Journal | https://lawcat.berkeley.edu/record/1194892
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AUSTIN, Texas, March 15, 2021 /PRNewswire/ New research, conducted by Mark Nadel and published in the UC Berkeley Business Law Journal, found traditional brokers have used anticompetitive practices to overcharge Americans by $50 billion annually. The paper describes how the cartel operated by the National Association of Realtors (NAR) and their members works to protect the traditional 6% commission fee against price competition and firms operating outside the MLS structure who deploy superior consumer-facing technology and customer service to dramatically lower cost. ....

United States , Jack Ryancommented , Jack Ryan , Mark Nadel , United States Department Of Justice , National Association Of Realtors , American Antitrust Institute , Business Law Journal , National Association , Price Competition , Residential Real Estate Brokerage Market , States Department , Worth Asking , Co Founder Jack Ryancommented , Law Business Journal , American Antitrust , Real Estate , Taking Stock , ஒன்றுபட்டது மாநிலங்களில் , பலா ரியான் , குறி நாடெல் , ஒன்றுபட்டது மாநிலங்களில் துறை ஆஃப் நீதி , தேசிய சங்கம் ஆஃப் றேஆல்டோர்ச் , அமெரிக்கன் நம்பிக்கையற்ற நிறுவனம் , வணிக சட்டம் இதழ் , தேசிய சங்கம் ,

New UC Berkeley Study Shows Realtors Operate As A 'Cartel' To Inflate Fees By $50b Each Year

New UC Berkeley Study Shows Realtors Operate As A 'Cartel' To Inflate Fees By $50b Each Year
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United States , Jack Ryancommented , Jack Ryan , Mark Nadel , United States Department Of Justice , National Association Of Realtors , American Antitrust Institute , Business Law Journal , National Association , Price Competition , Residential Real Estate Brokerage Market , States Department , Worth Asking , Co Founder Jack Ryancommented , Law Business Journal , American Antitrust , Real Estate , Taking Stock , ஒன்றுபட்டது மாநிலங்களில் , பலா ரியான் , குறி நாடெல் , ஒன்றுபட்டது மாநிலங்களில் துறை ஆஃப் நீதி , தேசிய சங்கம் ஆஃப் றேஆல்டோர்ச் , அமெரிக்கன் நம்பிக்கையற்ற நிறுவனம் , வணிக சட்டம் இதழ் , தேசிய சங்கம் ,

Study Commissioned By REX Claims Commissions Are Deeply Inflated

Real estate commissions are inflated by as much as $50 billion per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal.
Inman Connect
Real estate commissions are inflated by as much as $50 billion per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to an article in the Berkeley Business Law Journal published this month.
The article, called “Obstacles to Price Competition in the Residential Real Estate Brokerage Market,” is authored by Mark Nadel, an attorney and policy advisor for the Federal Communications Commission (FCC) since 1990. In a footnote, Nadel stresses that the article represents solely his personal views, however. Nadel wrote a similar paper back in 2006 in which he criticized the real estate industry’s commission structure and said commissions were inflated by ....

United States , United Kingdom , Mantill Williams , Mark Nadel , Communications Commission , Buyer Broker Commission Rule , Us Department Of Justice , National Association Of Realtors , Berkeley Business Law Journal , Price Competition , Residential Real Estate Brokerage Market , Federal Communications Commission , National Association , Broker Commission Rule , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , குறி நாடெல் , தகவல்தொடர்புகள் தரகு , வாங்குபவர் தரகர் தரகு ஆட்சி , எங்களுக்கு துறை ஆஃப் நீதி , தேசிய சங்கம் ஆஃப் றேஆல்டோர்ச் , பெர்க்லி வணிக சட்டம் இதழ் , ப்ரைஸ் போட்டி , குடியிருப்பு ரியல் எஸ்டேட் தரகு சந்தை , கூட்டாட்சியின் தகவல்தொடர்புகள் தரகு , தேசிய சங்கம் ,