Oct 31 (Reuters) – A U.S. jury on Tuesday found the National Association of Realtors and some residential brokerages, including units of Warren Buffett’s Berkshire Hathaway (BRKa.N), liable to pay $1.78 billion in damages for conspiring to artificially inflate commissions for home sales.
Reuters
For more than fifteen years, Silicoln Valley has tried to lure customers away from Realtors and have them buy direct. VC has the money, they have the technology, they have the consumer’s attention. Yet when it comes to the transaction the customers keep realtors on their team.
Why can’t market oriented people accept what the open market is saying?
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