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Sponsored by Quicken Loans |
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Competition and the Consumer: Industry Presents Sides at Workshop |
By Liz Dominguez |
Technology, commission rates, real estate portals and overall brokerage competition—these were just a few of the themes discussed this week at a joint public workshop held by the Federal Trade Commission (FTC) and the Department of Justice (DOJ) in Washington, D.C. At the heart of the "What's New in Residential Real Estate Brokerage Competition" workshop? The consumer. "We have the same end goal: the best experience for the consumer," Katie Johnson, general counsel and senior vice president, National Association of REALTORS®, summed up in her closing thoughts during one of the panels, "Regulatory and Industry Factors Affecting Residential ...
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