With new FTC chair, expect greater scrutiny on the real estate industry

Lina Khan’s appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation. Continue reading

‘Double-dipping agents’ overcharge consumers billions in commissions

Consumer watchdog says dual agency should be banned, but double-ending should not be so long as agents discount their commission and act as facilitators. Continue reading

5 big challenges for REX Real Estate in 2021

The well-connected discount brokerage is trying to raise more funding and grow its business as it takes on industry behemoths NAR and Zillow. Continue reading

Consumer groups support REX suit against anti-rebate law

The Consumer Federation of America and the Oregon State Public Interest Research Group argue that prohibiting rebates to buyers and sellers stifles commission competition and harms consumers. Continue reading

Consumer watchdog calls out states for confusing agent disclosures

In a new study, the Consumer Federation of America calls real estate disclosures ‘confusing,’ and calls out agents for not doing enough to explain them. Continue reading

Agents react to searing Consumer Federation report on commissions

The Consumer Federation of America on Monday published a report on commissions — here’s what agents and brokers had to say about the findings. Continue reading

New report slams agents for lack of transparency around commissions

The Consumer Federation of America has released another scathing report about the real estate industry, this time focusing on an alleged lack of transparency regarding agent commissions and commission splits. Continue reading

Why younger generations need to understand credit scores now

Young consumers are blithely unaware of the importance of credit scores to their financial lives, according to recent surveys. This is troubling as Americans’ debt levels reach record highs. The good news is that people tend to change their behaviors o… Continue reading

Consumer watchdog calls for nationwide ban on dual agency

A national consumer watchdog is calling for states to ban dual agency and make agency disclosures less confusing, according to a report released Monday. Continue reading