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The total pot of real estate commissionsis estimated to be $100 billion a year. As for the cartel allegations, “The statement is not true,” says NAR spokesman Mantill Williams.
The real-estate lobby called the move “an unprecedented breach.” But there’s a much larger concern for legacy brokers than the novelty of the about-face.
A Dallas-area real estate agent played an instrumental role in bringing down the Dallas cell of a “violent new Mexican drug cartel,” but he isn’t quite the white knight that it appears he ...
Real estate brokers and their supporting organizations function as a cartel that stifles competition and protects high commission rates, the Consumer Federation of America charged in a report Monday.
Federal authorities have dismantled the Dallas cell of a violent new Mexican drug cartel with the help of a Grand Prairie real estate agent who smuggled drugs for them, federal court documents ...
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