| How Rebate Bans, Discriminatory MLS Listing Policies, and Minimum Service Requirements Can Reduce Price Competition for Real Estate Brokerage Services Contributor(s): Magura, Matthew (Author), U. S. Department of Justice Antitrust Di (Created by) |
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ISBN: 128910655X ISBN-13: 9781289106553 Publisher: Bibliogov OUR PRICE: $14.96 Product Type: Paperback Published: June 2013 |
| Additional Information |
| BISAC Categories: - Political Science |
| Physical Information: 0.06" H x 7.44" W x 9.69" (0.16 lbs) 30 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Institutional characteristics of a typical residential real estate transaction may create a causal link between commission rate reductions and service degradation. Such a link mitigates agents' incentive to compete on commission rates. Rebate bans, discriminatory MLS listing policies, and minimum service requirements strengthen the link thereby frustrating greater commission rate competition. Eliminating rebate bans, discriminatory MLS listing policies and minimum service requirements will increase commission rate competition and reduce wasteful rent seeking by agents. |
