Competition for your dollars
The Department of Justice's antitrust division has launched a website about competition in the real estate industry. It says buyers who once felt compelled to go to full service real estate brokerages can now pick and choose services from discount rivals:
Just as the Internet has made it easier for consumers to save money by directly purchasing plane tickets and stocks, it is now making it feasible for home sellers and buyers to do more of the work themselves and pocket the savings.
The website pages include a comparison of fees, laws by state (including Maryland), and anti-competitive practices.
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