Bugs, did you read the article that was linked? The one that stated:
“Many traditional real estate brokerage firms, and their organizations, function as a cartel that tries to set prices and restrict service options,” said Stephen Brobeck, CFA’s executive director at a press conference in Washington D.C.”
and…
“The CFA charges that consumers are harmed in three main ways:
* Traditional brokers charge high, uniform prices regardless of the quality of the broker involved. Even a newly licensed, inexperienced agent receives the same commission no matter what the level of service offered.
* Traditional brokers who work with both seller and buyer in a home sale almost always function as facilitators. Brokers try to make sure a sale is completed (and they get paid), rather than as fiduciary agents acting in the best interests of their clients, as the brokers claim to do.
* Brokers “double-dip,” promoting their own listings or the listings of their firm over properties better suited for their clients.”
I am assuming that you must be commenting on a different article, or you are doing your best Howard Berg impersonation.
