Coming Soon: what’s new in residential real estate brokerage competition?
More than ten years ago, the FTC and the Department of Justice published a joint report outlining some concerns about impediments to competition in the residential real estate industry. At an upcoming June 5 workshop co-hosted by both agencies, a wide range of experts will explore what competition looks like today. When the 2007 report was issued, the internet was young, and innovative real estate agents had just begun to create “virtual office...