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Real Estate
Reply to "Biden admin going after realtors! "
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[quote=Anonymous][quote=Anonymous][quote]Do it however you want to do it.[/quote] That is the goal. And NAR opposes this. Start by looking into “fee-for-service” brokerages, “minimum service requirements” laws, and who/what advocates for MSR laws (spoiler: NAR). "Why can't I just pay a realtor a flat fee for MLS access, and nothing else (fee-for-service)?" In several states, this is illegal or has been illegal. Why? NAR, that's why. How do MSR laws benefit the public? They don't. They benefit NAR. [quote]There is no monopoly here.[/quote] NAR has for the last 100 years been repeatedly and successfully sued for anti-trust, anti-consumer practices. And the litigation continues. [quote]You can make other choices. [/quote] The schemes NAR uses to restrict your choices are nuanced; the nuanced schemes are product of tip-toeing around prior DOJ/FTC findings of anti-trust practices. So what? The social waste of the real estate industry price-fixing and anti-competition practices has been estimated to be between $1.1 and $8.2 billion (see Chang-Tai Hsieh & Enrico Moretti). That is consumer money that could be put to better use, rather than supporting a social parasite. Not all agents are bad, too many are. Not all used car salespeople are bad, too many are. NAR is objectively bad. A parasite. [/quote] I believe NAR spends more on lobbying than any other entity in America. They need $ to protect what their bad arguments can’t. [/quote]
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