Real Estate Commission: Negotiation & DOJ Scrutiny
Real estate faces negotiation challenges & DOJ scrutiny. Fixed-percentage commissions persist, despite legal risks. Consumer education is crucial for a more competitive market.
DOJ debates ‘commingling’ with Zillow and NAR in REX case
Speaking to a panel of Ninth Circuit judges in Honolulu on Feb. 13, DOJ attorney Alice Wang argued in favor of vacating a 2023 jury decision involving Zillow, the defendant in the case, and the low-fee brokerage Real Estate Exchange (REX).