Pat Kennedy - Your Washington, DC Real Estate Connection

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Calling Active Rain Real Estate Attorneys! Anti-Trust Issues and Blogging

Sometime back in the 1970's a group of Washington, DC's leading real estate brokerage owners met at a country club somewhere in the suburbs to talk about the pesky trend of commission cutting.  According to myth, there was someone within earshot who ratted them out to the Department of Justice, and they got into trouble for price fixing.  For years after that, each of the sales managers in each of their branch offices had to include a brief lecture about how it was a total no-no for us to discuss any aspect of brokerage fees with anyone from another company, unless it related to questions about the coop commission offerred on a specific listing.


I've noticed in reading through some of the Active Rain blogs that some agents are using the forum to discuss not only what they offer as coop splits, but also what they charge their sellers.  Could any of hte real estate attorneys on Active Rain tell us if doing so could get us into trouble with the anti-trust police?

Thanks.
Comment balloon 7 commentsPatricia Kennedy • July 01 2007 01:03PM
Calling ActiveRain Real Estate Attorneys! Anti-Trust Issues and…
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