Document Type
Article
Publication Date
Summer 2021
Publication Information
44 CATO Reg. 28 (Summer 2021).
Abstract
Developments in the real estate industry are slowly eroding the National Association of Realtor’s dominant market position. New entrants provide alternative avenues for consumers to buy homes, reducing the dependence on the existing system. These innovations have slowly chipped away at realtor commissions. In addition, consumers have brought class action suits in federal court to challenge the NAR’s practices. These suggest a trend toward greater competition, but they are not enough; without enforcement or regulatory action, widespread threats to competition will continue.
Recommended Citation
Roger P. Alford & Benjamin H. Harris,
Anticompetition in Buying and Selling Homes,
44 CATO Reg. 28 (Summer 2021)..
Available at:
https://scholarship.law.nd.edu/law_faculty_scholarship/1570