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General Principles Of AgencyAntitrust BackgroundHARD

What is the primary antitrust concern that led to the NAR settlement?

Correct Answer

B) The cooperative compensation system allegedly inflated and standardized commission rates

The primary antitrust concern was that the cooperative compensation system, where sellers' brokers set buyer broker compensation through MLS, allegedly inflated commission rates and reduced price competition among agents.

Answer Options
A
Home prices were too high
B
The cooperative compensation system allegedly inflated and standardized commission rates
C
Too few real estate agents existed
D
Buyers were not allowed to hire agents
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Related Topics & Key Terms

Related Topics:

mls-operationsagency-relationshipscompensation-disclosure

Key Terms:

NAR settlementcooperative compensationSherman Antitrust ActMLS commissionSitzer Burnett
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