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portada How Rebate Bans, Discriminatory MLS Listing Policies, and Minimum Service Requirements Can Reduce Price Competition for Real Estate Brokerage Services (in English)
Type
Physical Book
Author
Publisher
Language
Inglés
Pages
30
Format
Paperback
Dimensions
24.6 x 18.9 x 0.2 cm
Weight
0.07 kg.
ISBN13
9781289106553
Categories

How Rebate Bans, Discriminatory MLS Listing Policies, and Minimum Service Requirements Can Reduce Price Competition for Real Estate Brokerage Services (in English)

U. S. Department of Justice Antitrust Di (Author) · Matthew Magura (Author) · Bibliogov · Paperback

How Rebate Bans, Discriminatory MLS Listing Policies, and Minimum Service Requirements Can Reduce Price Competition for Real Estate Brokerage Services (in English) - Magura, Matthew ; U. S. Department of Justice Antitrust Di

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Synopsis "How Rebate Bans, Discriminatory MLS Listing Policies, and Minimum Service Requirements Can Reduce Price Competition for Real Estate Brokerage Services (in English)"

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.

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