Nontraditional real estate brokers and cutting-edge websites are providing consumers with alternatives to the 6% Realtor®. This blog - nominated as a 2007 Finalist for Inman News' "Most Innovative Blog" - covers obstacles encountered by these new competitors.
Wednesday, May 19, 2010
DOJ Investigation of Hamptons Brokerages
Yesterday the New York Post reported on an inquiry being conducted by the U.S. Department of Justice's Antitrust Division involving Hamptons real estate brokerages.
Here's subsequent coverage on the New York Times' DealBook blog.