Saturday, 3 March 2012

In Brief: Study: Realty Brokerage Uncompetitive.(Brief Article)

Price competition is largely absent among real estate brokers, because of the widespread use of the National Association of Realtors' Multiple Listings Service, a Government Accountability Office study released Wednesday said.

But the study drew no conclusions on the effects banks might have on the real estate brokerage industry if they were allowed to participate.

"Although about 30 states potentially authorize state-chartered banks or their operating subsidiaries to engage in some form of …

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