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Jan 17, 2006 -- NAR continues with price-fixing tactics

Clark has been angry about the underhanded behavior of the National Association of Realtors lately. The NAR is basically trying to price fix and its members thinks it’s fine to do so. The agency is trying to make it illegal for people to use discount agents or to list discounted sales and FSBOs on the Multiple Listing Service, among others. In fact, in a few states laws have been passed that make it a criminal for a discount agent to represent you. Not all real estate agents agree with what the NAR is doing. There are 1.3 million licensed agents in the United States, and there is much dissention among them regarding fixed commissions. The U.S. Department of Justice has even filed an anti-trust suit against the NAR to stop some of this nonsense. Granted, if agents do a great job, they should be able to earn whatever the marketplace will them. But the marketplace should set those parameters. You need to let your state representatives know how you feel about this if you want a choice in real estate. And, if you're buying or selling a home, you need to negotiate with your agent ahead of time what the commission will be.

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