Breaking the Real Estate Commission Code

This chapter explores a pivotal legal case where the National Association of Realtors and certain brokerages were found guilty of colluding to inflate real estate commissions, resulting in a massive $1.8 billion liability. The discussion critiques the traditional 6% commission structure, emphasizing its impact on competition and potential changes brought on by emerging platforms and legal challenges. Personal experiences and anecdotes highlight the complexities faced by buyers and sellers in navigating the real estate market without relying on conventional brokerage models.

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