1 Lawsuit alleges price fixing of realtor commissions
- Author: theglobeandmail.com
- Published Date: 02/01/2022
- Review: 4.91 (864 vote)
- Summary: · A class-action lawsuit alleges price fixing in real estate commissions has steadily been churning away in the background as house pricesÂ
- Source: đź”—
2 United States v. Real Estate Boards :: 339 U.S. 485 (1950)
- Author: supreme.justia.com
- Published Date: 09/24/2021
- Review: 4.62 (437 vote)
- Summary: If the business of a real estate broker is “trade” within the meaning of … (a) That such price-fixing may serve a worthy or honorable end is immaterial
- Source: đź”—
3 Price fixing | Wex | US Law | LII / Legal Information Institute
- Author: law.cornell.edu
- Published Date: 01/06/2022
- Review: 4.47 (415 vote)
- Summary: Price fixing occurs when competitors reach an agreement (written, oral, or inferred from conduct) with the purpose and effect of raising, lowering,Â
- Source: đź”—
4 End the real estate racket – Examiner-Enterprise
- Author: examiner-enterprise.com
- Published Date: 05/28/2022
- Review: 4.2 (526 vote)
- Summary: · What I discovered is that the real estate agents had created a de facto legal cartel that often rips off buyers and sellers of homes. The excessÂ
- Source: đź”—
5 Steer Clear of Antitrust Violations—April 2021 – Virginia REALTORS®
- Author: virginiarealtors.org
- Published Date: 05/08/2022
- Review: 4.01 (417 vote)
- Summary: How REALTORS® Can Steer Clear of Antitrust Violations · Price fixing: This is where competitors (i.e., different firms) agree to charge a specific commission
- Source: đź”—
6 Legal – National Association of REALTORS®
- Author: nar.realtor
- Published Date: 04/22/2022
- Review: 3.85 (443 vote)
- Summary: As noted earlier, price-fixing is a per se violation of the antitrust laws. Brokers must not agree with others on commission rates, and must take care to avoidÂ
- Source: đź”—
7 LEGAL CORNER: Antitrust Issues are Back in the Spotlight
- Author: realestateindepth.com
- Published Date: 01/28/2022
- Review: 3.6 (564 vote)
- Summary: · Another illegal antitrust behavior, which also involves a form of price fixing, is agreeing on a commission split. NAR points out that “…listingÂ
- Source: đź”—
8 [PDF] Commercial Real Estate Commissions, Competition and Antitrust
- Author: mass.gov
- Published Date: 03/14/2022
- Review: 3.52 (303 vote)
- Summary: · The law presumes that they are violations and condemns them automatically. 1. Price Fixing – an agreement, combination, or conspiracy involvingÂ
- Source: đź”—
9 MENU – Oregon Association of REALTORS
- Author: oregonrealtors.org
- Published Date: 11/29/2021
- Review: 3.38 (396 vote)
- Summary: In real estate, that means a conspiracy to fix commissions. Price fixing is what the courts call a “Per Se” violation. That means there is no defense to havingÂ
- Source: đź”—
10 Anti-Trust is Everyone’s Concern – Law Offices of Thomas N. Jacobson
- Author: tomjacobsonlaw.com
- Published Date: 12/31/2021
- Review: 3.09 (275 vote)
- Summary: Vertical Price Fixing. Prices are vertically fixed when firms at different levels of the market structure agree to fix prices. In the real estate industryÂ
- Source: đź”—
11 Price Fixing | Federal Trade Commission
- Author: ftc.gov
- Published Date: 09/24/2021
- Review: 2.86 (104 vote)
- Summary: Price fixing is an agreement (written, verbal, or inferred from conduct) among competitors to raise, lower, maintain, or stabilize prices or price levels
- Source: đź”—
12 Kickbacks, Specialization, Price Fixing, and Efficiency in Residential
- Author: jstor.org
- Published Date: 09/03/2021
- Review: 2.79 (185 vote)
- Summary: reason for high conveyancing fees. In particular, price fixing by local real estate broker associations is the single most important source of high
- Source: đź”—
13 [PDF] Price Fixing, Bid Rigging, and Market Allocation Schemes
- Author: justice.gov
- Published Date: 07/15/2022
- Review: 2.66 (99 vote)
- Summary: among competitors to fix prices, rig bids, … bid-rigging and price-fixing conspiracies … appearance of genuine competitive bidding
- Source: đź”—
14 Job-Related Laws You Should Know for the Real Estate License Exam
- Author: dummies.com
- Published Date: 10/28/2021
- Review: 2.67 (114 vote)
- Summary: The Sherman Antitrust Act, which is a federal law that prohibits activities that are considered to be in restraint of trade, forbids any type of price fixing inÂ
- Source: đź”—
15 Sherman Antitrust Laws | Real Estate Exam – PrepAgent.com
- Author: prepagent.com
- Published Date: 02/15/2022
- Review: 2.4 (108 vote)
- Summary: Price fixing is prohibited. This means that competing brokers, real estate governing bodies, or multiple listing organizations cannot agree to set saleÂ
- Source: đź”—
16 Antitrust Violations in Real Estate Laws & Examples – Study.com
- Author: study.com
- Published Date: 09/23/2021
- Review: 2.33 (151 vote)
- Summary: Price fixing is the practice of multiple (or all) real estate agents in an area working together to charge the same commission between brokerages
- Source: đź”—
17 What Do REALTORS® Need to Know to Avoid Antitrust Liability?
- Author: gbreb.com
- Published Date: 03/23/2022
- Review: 2.25 (143 vote)
- Summary: Within the real estate arena, we most often hear of antitrust issues arising from price fixing and group boycotts. Price fixing may be as obvious as two or moreÂ
- Source: đź”—
18 Chapter 21 – Ethics in Real Estate
- Author: realestateu.com
- Published Date: 04/21/2022
- Review: 2.17 (93 vote)
- Summary: For real estate professionals, price fixing most often applies to setting commissions and fees. If all the real estate agencies in a neighborhood gotÂ
- Source: đź”—
19 What Does Price-fixing Mean In Real Estate? – S-Ehrlich
- Author: s-ehrlich.com
- Published Date: 10/09/2021
- Review: 2.07 (110 vote)
- Summary: · Using price-fixing as an approach means setting competitive pricing of products or services without competition being put in the open marketÂ
- Source: đź”—
20 Price fixing has sent Realtor commissions soaring in an already hot
- Author: cbc.ca
- Published Date: 04/28/2022
- Review: 1.92 (116 vote)
- Summary: · A proposed class-action lawsuit has been launched against the Canadian Real Estate Association, the Toronto Regional Real Estate Board andÂ
- Source: đź”—
21 Real Estate | Law Offices of James W. Mallonee, P.A
- Author: jameswmallonee.com
- Published Date: 12/09/2021
- Review: 1.79 (78 vote)
- Summary: Price fixing is when competing brokers agree to set commissions. Prohibited actions extend to all agreements that have the effect of manipulating the price ofÂ
- Source: đź”—
22 Five Antitrust Concerns for Real-Estate Professionals
- Author: theantitrustattorney.com
- Published Date: 03/21/2022
- Review: 1.83 (161 vote)
- Summary: · 1. Price-fixing is a per se antitrust violation. Real-estate brokers typically—but not always—price their services based upon a percentage (Â
- Source: đź”—
23 Unit 9 Real Estate Brokerage Flashcards – Quizlet
- Author: quizlet.com
- Published Date: 07/28/2022
- Review: 1.79 (95 vote)
- Summary: In real estate, price-fixing occurs when competing brokers agree to set sales commissions, fees, or management rates. Price-fixing is illegal
- Source: đź”—
24 Lawsuit Alleges Realtor Commission Price Fixing as Agent
- Author: storeys.com
- Published Date: 12/02/2021
- Review: 1.69 (120 vote)
- Summary: · What the lawsuit alleges is that not only does this practice lead to price steering — where agents intentionally steer buyers away from anyÂ
- Source: đź”—
25 What Every REALTOR® Needs to Know About the Antitrust Laws
- Author: wra.org
- Published Date: 08/06/2022
- Review: 1.48 (127 vote)
- Summary: · In fact, the Supreme Court has coined price fixing as an “archetypal example” of an unlawful restraint. In the real estate context,Â
- Source: đź”—
26 Antitrust Laws – PassMasters LLC Real Estate Exam Prep
- Author: passmasters.com
- Published Date: 01/11/2022
- Review: 1.48 (56 vote)
- Summary: A commission rate must be negotiable between the principal and the agent (broker). Price-fixing occurs when competing brokers conspire to establish a standardÂ
- Source: đź”—