DOJ Weighs Antitrust Probe of Real Estate Commissions That Critics Say Drive Up Home Prices
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DOJ reportedly considering antitrust probe into real estate commission system that critics say inflates home prices
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Commission system unique to US charges 5-6% of sale price versus 2% in other countries, costing sellers thousands more
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Two class action lawsuits challenge commission structure as anti-competitive and collusive
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Lawsuits seek billions in damages from "participation rule" requiring listings on MLS with set commission
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DOJ antitrust settlement with real estate group pulled last year so probe could proceed; now may file own suit
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