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by nrmitchi 1937 days ago
The National Association of Realtors controls a huge percentage of real estate transactions, and works to make sure it doesn't drop, to the point where there are multiple open anti-trust lawsuits. For example: https://www.justice.gov/opa/pr/justice-department-files-anti...

Basically, if you don't play the Realtor game and agree to pay those commissions, it's difficult to participate in the market at large.

2 comments

Yeah I mean you're kinda paying to make everything go smoother and ideally their experience in the market will help prevent you from making an expensive mistake. As long as you have a good one, of course.
Ah, thanks.. that makes a lot more sense then. Hopefully the justice department stops that BS rent seeking crap.