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Competition afoot?

Posted by Andrew Caffrey October 10, 2007 04:39 PM

The US Department of Justice, which has aggressively brought several high profile anti-trust actions against the real estate industry, has launched a new web site to educate consumers about competitive measures that could save them money.

The site contains a wealth of background material, pointers and encouragements for consumer. For example, one section has tables and a calculator to show how much consumers could save from some measures, such as getting rebates or selling the home without a broker.

The Justice Department said consumers paid a median $11,302 in real estate commissions in 2007.

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About boston real estate now
Scott Van Voorhis is a freelance writer who specializes in real estate and business issues.
Rona Fischman is a buyer's agent who provides a look at the local housing scene, from basements to attics.
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