Quote:
Originally Posted by BrianL99
NAR killed the golden goose, by being greedy.
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Quote:
Originally Posted by SoCalGal
Correction: NAR killed the golden goose, by not being transparent.
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No one cares about "transparency". The more sophisticated and consumer-friendly states, mandated transparency in the real estate business years ago.
NAR has maintained a virtual monopoly in the real estate listing business and attempted to stifle competition, in order to maintain exorbitant commission structures. That's what this is all about.
NAR admits "no wrong doing". They admit to lack of transparency and vehemently deny any attempt to "fix pricing" to keep commissions artificially high.